HRR 1.69% 5.8¢ heron resources limited

I agree with your comments about Capex, after watching this for...

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    I agree with your comments about Capex, after watching this for a while I finally got in with a little buy, bullish on base metals, and as others have commented on, the board know mining so this is time to buy. A horrible history in some ways but for new holders its just that, irrelevant history.

    Maving said that - being in RVR and several other mners, and seeing how they have gone I am not expecting huge movement in the share price too soon - it seems that any base metal company can announce any exploration or commencement of production and the share price remains totally range-bound no matter what happens with metal prices or exchange rates. So it seems that the market is totally ignoring the fundamentals of base metal and gold companies at the moment but that cannot last forever, with cyclicals, eventually the fundamentals overwhealm existing inertia and sentiment.
 
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