PINL:HLOSF - Post by User
Comment by
Tritoonon May 12, 2010 9:50am
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Post# 17089070
RE: RE: RE: HLO's Value today
RE: RE: RE: HLO's Value todayAs seen on this slide :
https://www.halores.com/investors/pdf/Halo%20Corp%20Presentation%20February%202009.pdf
Jungle deposit is a rather 'small part' of Sherridon deposit. Still, 2 mio in expenditures to form a 49/51% jv is quite a statement of confidence on the part of HBM. With Cold and Lost HBM has similar rights I believe, and with those 2 deposits forming a cluster, I think HBM will eventually back-in aswell. 2 mio is approx. 1/3 of the MC.
SO let us all forget about the other deposits and metals and keep on selling, not ? ;-)
greetings, Tritoon