Healios KK Ord Shs HLOSF

RE: Why this is 4 cents.. I disagree

[venturevest]

These  results  were  very  good!

"Halo Resources Ltd. has made an intersection at the Cold deposit of 2.7 per cent copper, 4.1 per cent zinc, 47 grams per tonne silver and 2.6 g/t gold over 17.3 metres."


Thisd  is  open  pit  material  so the  mining  costs  will be in the   $10 to  $12 dollars  / tone   area.
Infrastructure  and  location  are  terrific and  the  partner , Hudbay  needs  future  feed  for  its  production and is  flush  with  cash... Over  $900  million in the  bank.

This  latest   grade  represents 59 lbs Cu @ $3.00 , 90 lbs Zn2 .90, 47/32  gm  AG @ $19 /0z and  2.6 gm/ 32  Au  @ $1200 / oz =  $384 / tone rock.

Considering this  is  open  pit  material  I  would  say  this  is  very  very  robust  and  hence the  reason I  have  been  buying  HLO... largest  position I  have  ever  held  of  any  stock... and  I  intend to  double  that.

This  is a  no  brainer... and is  trading  at  a  fraction  of it's intrinsic  value.... The   Duport  project  is  worth  all of the  present  share  price  and  more.
The  only  reason  HLO is  trading  @ .04  is  because  of the   huge  seller... I  think  mineralfields closing  out  one  of it's  flow through funds.

This  looks  like  FWR  did  about  2  years  ago  except  even  more  undervalued. I  can see  Hud Bay  taking a  run at   HLO  for  $.50/ to $1.00 / share cash

JMHO