Healios KK Ord Shs HLOSF

RE: RE: Hudbay Exploration Review Webcast

[Linda9]

Thanks 300 for those info updates, I would like put more here: Halo's Sedar has been updated with MD&A plus Audited AFS, .... " Red Lake Drill program has completed in Nov 2010, total four holes and results are pending.." My husband called IR, they say " 4.5 Million financing has firmly closed and waiting to have an approval from TSX Venture Exchange, NRs might be in first week of Jan 2011 because holidays. Meanwhile, IR says Halo has no comments on 1%NSR as it is out of Halo's control, but the revenue is about $ 50000 per month if MTO starts production at BL, QC in 2011. 

Just checked over MTO, looks very promise at this time we will have steady cash flow 50000$/ month next year, plus 2 Million JV payment from HBM by the end 2011, we will see big decreasing operation cost in the future. plus too many things we are anticipating here. Halo is turnning around!

Merry Xmas and Happy New Years.