Australia's largest stock trading and investment forum Australia's #1 stock forum

HDY

Click for more information

0.00%

0.4¢ hardey resources limited

If this is a pump an dump they better get a new pump cause this...

First 39 Last

Share
Profile

Follow
scootar

179 Posts.

11

29/08/18

18:16

Post #: 35273408
Share

Originally posted by stevenjd ↑

I doubt that we are anywhere near pump and dump territory , unless in the macro form .

We have only just approved acquisition and have excess supply .(CR and vendor)

Yes there are those who bought at 0.4c or 10m mc and taking profits or vendor profits

But even at 0.5c = 13m mc, this is just the beginning in any language , when you are holding hot commodity and multiple projects .

Pump implies an over inflation of fair value , and that p&d chart ends in a long winter .

But where are we ?
10-13m mc at the beginning of exploration and a fast track of nelly to reactivate mining licenses.? Sounds like spring to me with a good summer ahead of us .

If we were sailing north into 50-80m mc , with bags on belts - I could imagine solid profit taking .

What have we though ? Pip traded from 0.4 to 0.6.

Just the beginning . And imo treat as such - volatility in chart at acquasition oversupply. Time to reassess if I am underweight .

Expand

If this is a pump an dump they better get a new pump cause this one is broke.. I think we are past that anyway, these guys are having a go now.

HDY Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

There are more pages in this discussion • 40 more messages in this thread...

First 39 Last

Add HDY (ASX) to my watchlist