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Happy Creek Minerals Ltd V.HPY

Alternate Symbol(s):  HPYCF

Happy Creek Minerals Ltd. is engaged in the exploration and development of mineral properties in British Columbia (BC), Canada. The Company’s projects include the Highland Valley and Cariboo properties. The Highland Valley project consists of approximately 23,449 hectares(ha) and is located 35 kilometers (km) north of Merritt, south central BC, Canada. The Cariboo properties include Fox property, Hawk property, Hen and Art-DL property and Silverboss property. The Fox property is located approximately 70 km northeast of 100 Mile House in the south Cariboo region of BC, Canada. The Hawk property is located approximately 36 km northeast of 100 Mile House, south central BC, Canada. The Hen and Art-DL property is located about 16 km southeast of the Boss Mt. The Silverboss property is located approximately 85 km northeast of 100 Mile House in south central BC. It also holds Mystery Lake property and adjoins the Rateria property to the northwest of the Company’s Zone two (2) deposit.


TSXV:HPY - Post by User

Bullboard Posts
Comment by 5Caraton Dec 28, 2009 12:59pm
358 Views
Post# 16621043

RE: RE: RE: Understanding this gem

RE: RE: RE: Understanding this gem

Hello Mates,

This stock trades in a rigid configuration.  Evidently, any insistent buying will set in motion the price to an elevated altitude.  In prior era, HPY has traded radiantly above the present level.   In 2007, HPY has exceeded a dollar.  Supply and demand is the norm.  This is how the stock market operates.  With junior companies, there are quiet periods with little activity.  When news occurs and valuations amend the share price moves to another level.  The volume usually does increase due to supply and demand.  The perception of the market will guide the stock to its new level, whether positive or negative. 

Discovering meaningful companies valued near to the ground with the likelihood of price appreciation opens the possibility to better returns.  HPY has some unique opportunities. 

1.     The Rateria copper discovery that lies next to Tecks’ Copper Mine. 

2.    Cariboo Properties: 

a.     Silverboss Property

b.    Fox Property

c.    Hen Property

d.    Art-Dl Property & new DL option (the new option lies next to Skygold Ventures Ltd. who has drilled hole SC017 to return 7.5 metres grading 8.84 grams per tonne gold and an additional 19.5 m containing 1.13 g/t gold. This hole is approximately 350 metres south of the New DL property.)

e.    Hawk Property.

After reviewing HPY’s monetary capabilities, the conclusion is one of comfort.  HPY has upward to a million in funds and historically has not had any difficulty raising additional capital.  Always, do your own detective work and use your own analysis for your investment decisions.  I anxiously await what 2010 will bring to HPY.  Cheers.

Bullboard Posts