HRR 1.69% 5.8¢ heron resources limited

HRR - gonna make money or not?, page-10

  1. 6,739 Posts.
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    My point is simply this. The operation ( I'm not using the word mine) is being promoted as a new Zn mine whareas in reality its majority I'd say 70% a tailings re-treatment operation. My initial point was calling BS on the promotional claims in the Article heron ready to fly and the implications that shareholders were happy or even with their several hundred % increase in the value of the spin-off has made them so. I say BS & More BS pull the other one.
    Just tell the truth is a speculative gamble that they will come up with more ore at the time the Zn price is high enough to justify the capital being sunk into it. The SP reflects that.
    Maybe yes maybe no but they're rolling the dice and last time they lost big time.
 
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