HCH 3.80% 76.0¢ hot chili limited

News: HCH Hot Chili to raise up to $3 mln via a share purchase plan, page-4

  1. 6,739 Posts.
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    They may (should) a bit but we can't say anything because those two deposits have minimal exploration (and none by HCH). (Easterday is asking us to show faith in him.)

    For the reason above the answer has to be highly speculative but yes the SPP becomes more attractive.
    With the leverage to Cu, @ 3.5 c and rel. to historical the ask price is pretty good. However management's track record reflects the SPP (low).

    I took up $2 K worth. Would have liked to do 2.5 to 3. Won't stretch to 5.
    The way I figure it, they get a rocket under the SP, I get happier I buy more.
    More likely it's a long drawn out painful affair and I grind it out (pun intended) along side them.

    Sorry if I did more than answer you question.
 
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79.0¢ 79.0¢ 75.0¢ $146.1K 191.7K

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1 161 76.0¢
 

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76.5¢ 1607 1
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