HAZ 0.00% 4.0¢ hazelwood resources ltd

How many companies of this nature hit it out of the park in...

  1. 2,167 Posts.
    How many companies of this nature hit it out of the park in their first year? For the goals they are setting, they are doing well - they did a PFS, they haven't spent the 30 mil yet, so I am not sure why people are concerned about this when they are talking a year away if it is to happen anyway.

    I think any climb is followed by a healthy pullback, and possible more of one when CR are involved. Considering other companies who produce nothing at all and have not assets what so ever and issue shares like its going out of fashion are valued at the same market cap. it would lead me to say that HAZ is not over valued. all obviously my opinion, but this thing was climbing nicely until they announced a CR and I think that scared a lot of public out (certainly did not scare the big dogs... they bought up their share in a heartbeat!) I would prefer look at what they are doing than worrying about short term noise involved in any company at these stages.

 
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Currently unlisted public company.

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