I interpret the HDY TH as relating to the fact that in a previous report they advised a geologist (consultant) had signed off/backed up their findings, although, they failed to put a name to this in the Ann. If this is the case and it is bs then they will be in some serious trouble. VIC Ann advising of a CR and 'a project' acquisition. A project acquisition to me would not sound like a TO of HDY. It could also NOT be a reverse TO because in order for that to occur, it is traditionally undertaken by a Private Company wanting to go public without having the hurdles of an IPO. I have not heard of a reverse TO between two publicly listed companies, although, happy to be corrected. If there was a link between HDY and VIC, it may be on the basis that VIC is acquiring a HDY tenement (maybe the one that ASX have asked for further and BETTER particulars).... also Kim W just recently came back from Argentina being at a mining conference. Maybe something has eventuated there but ink has not dried.... all IMO AND NOT FINANCIAL ADVICE
VIC Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
