Maybe should keep an eye on EYEON and Copulos.... they managed to score (somehow) 27M shares of HGO at 15c/share, sold many at a fantastic profit.... HGO is doing really well today..... somehow EYEON has bought into Key at a fairly low price (low, I reckon)...
KEY is about to turn the corner IMO.... the lack of Tanzanian "progress" is probably more a matter of dealing with the Tanzanian authorities, hasn't it? The HUGE resource is still there.... I think we need to be patient.
I just decided to buy 20K more KEY at the close
HC Post nunber 5234281 for ASX:HGO
Well if you happen to have got a massive load of shares at 15 cents. And the share price more than doubles. What would you do?
"Monday May 11. 2009. Hillgrove Resources Ltd (ASX:HGO) has placed 27 million fully paid ordinary shares at 15 cents per share to a number of sophisticated investors from the Copulos Group."
Interesting eh?
KEY Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held