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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
Post by rod777on Feb 26, 2010 6:55pm
396 Views
Post# 16825510

all insults and no facts from bashers

all insults and no facts from bashersfrom our new friends, calling me delusional? implying I have mental health issues? this garbage has nothing to do with happy creek. The only thing that matters here is happy creek adjoins tecks highland valley copper mine property which made 100 million dollars profit mining 10 million tons of 0.34% copper last quarter alone (you do the math) Their minelife is lasting until 2019 https://www.infomine.com/minesite/minesite.asp?site=hvc and they had to declare a force majeure back in the summer due to geotechnical problems with one of their pits (On June 27, 2009, Highland Valley's copper and molybdenum customers were served notice of Highland Valley's declaration of force majeure due to the geotechnical issues in the Valley Pit. All contractual quantities negotiated following the Force Majeure declaration are subject to force majeure proration) Happy creek has been drilling similar grades as what teck is producing at, for example 177 metres of 0.366% copper and wants to due a massive drill program there this year so they are raising 1.4 million dollars which will bring their total cash position to 2.4 million dollars to accomplish the work. I personally like the company and hope they can provide teck with a economic alternative to potentially shutting down in 2019. Happy creeks market cap is around 9 million dollars right now and I am speculating that if they do indeed prove something up that makes economic sense to Teck as they have a concentrator, infrastructure etc already on site, then Teck could might take a swing at them and if they did, I am speculating it would be for alot more than 9 million dollars. Until then, happy creek will have to do more driling, get a 43-101 etc. which I am speculating could be good for HPYS shareprice as well should they hit some more good grades or prove up a large economic resource. This is just my opinion, based on facts
Bullboard Posts