Heron Resources Ltd T.HER

Primary Symbol: HRLDF

Consumer Cyclical Copper

Heron Resources Ltd is engaged in the exploration, mine development, mine operations, and the sale of Zinc, Copper, and Lead concentrate in Australia. . The firm has interests in a range of commodities including nickel, gold, and base metals. Its project includes Woodlawn Zinc-Copper-Lead Project, Woodlawn Cullarin and Kangiara Projects, Yellow Mountain Project, Girilambone Project, Barraba-Manilla Project, and targets in Currawang, Cullarin, Kangiara, Crosby, and Peelwood.

EXPM:HRLDF - Post by User

Heron Resources Ltd > Zinc at $1.20 in A$/ Copper at $3.50 in A$

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Comment by TheRock07on Nov 04, 2014 5:51am

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Post# 23091326

RE:Zinc at $1.20 in A$/ Copper at $3.50 in A$

It's now below 87 cents and forecast to continue to weaken.
Zinc prices remain very strong at $1.07 per lb. in USD....roughly just about $1.25 per lb in Aussie dollars .
Copper prices remain robust at $3.07 per lb or about $3.60 Aussie.

With these prices and with over $30 million in cash, Her and it's fully permitted zinc mine have a high probability of a takeover.

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