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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 aggmanon Nov 15, 2014 5:49pm
222 Views
Post# 23133003

RE:In addition

RE:In addition when the moment arrives when HBK inks one, two or three of these contracts - to energy complex vendors: oil, gas, infrastructure around LNG etc.  I have no fear that the stock (rightfully so) can trade up to $3.

why?
1. Their cost position is low.
2. Their ASP and margin are off-the-charts- high. (veritible rivers of cash).
3. They have no compeition.
4. There are mega projects that they will serve - they will be multi-year projects and so HBK's aggregate demand will be multi-year horizons. They will be sold out. They will be able to keep improving price and margin.

Stock may go to $5.


Bullboard Posts