HLX - the next 5 bagger cobalt/nickel play?, page-341

Before big moves there is often a little push down to shake out weaker hands. Time is the enemy of most and many cant handle it. Some will just cut and run, I get it.

Others know that HLX aint a pump stock that continue with multilple announcements and often HLX hasnt updated to market if drilling has started. They also haven't completed a consolidation of shares in the 30 odd years they have been listed on the asx. Think about that for a minute and then see if a similar circumstance exists within the ASX.

With multiple projects on the go, it is somewhat of a process how to diligently spend their cash. This diligence is a positive for shareholders. With all the drilling these guys have done, many assumed cash position was low. Turns out still got cash to go again at Mundarlo and Collerina both of which could be company making multi bagging assets.

But yes, many look at the share price and then move on to the next hot stock. Others, amatuer mug geo's look at all the information, join the dots and build up laarge positions. Many of which are sharing information here on HC. Many have made very successful investments in the past.

But nothing is guaranteed and many will turn up knocking holders when the price is at lows.

All the best and I have been and will continue to chip away at the loose hands as funds permit.

Banker

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