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Highbank Resources Ltd V.HBK

Alternate Symbol(s):  HBKRF

Highbank Resources Ltd is engaged in the business of acquisition, exploration, and development of mineral resource properties in Canada. The company's project includes the Swamp Point North project.


TSXV:HBK - Post by User

Bullboard Posts
Comment by GreatSwamion Sep 20, 2014 3:41pm
171 Views
Post# 22955630

RE:Funny

RE:FunnyYah but remember that back then Polaris was still shipping aggregate to Los Angeles and Hawaii and had an SP over $14 too! Right now their SP is $2.26 - about a sixth of what it was then.

If you multiply todays SP for HBK by 6 you get something near $1.75.

So in some very fundamental way it is not all bad - it is just that the whole construction market is still in a funk. Yes there are promised projects and big things planned - but these days it is really a simple case of "Show me the money!"

So lets get some product moving - some positive cash flow in the bank - and a whole lot of good contracts lined up to show that the coming years are as lucrative as we all believe them to be - then we will see the SP really move here.

All the best and hoping for big things here (eventually LOL!)

GS
Bullboard Posts