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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 jetstreamon Feb 28, 2015 11:44am
94 Views
Post# 23475617

RE:RE:PETRONAS

RE:RE:PETRONASThis will involve at least 3 legs of the pipelines. We know that they have been in talks with HBK.
My understanding is that the Nisga pipeline goes through their lava beds. The large pipe with LNG running through it causes a slight vibration and this vibration in the lava causes the pipe to sink.
The solution, aggs under the pipe as a foundation and overtop.

Next leg  buried on the ocean floor coming down the channel which also must be laying and surrunded by aggs. Thes pipelines involve many miles.

Just my opionion but perhaps what is slowing down HBK are these pipelines that require a specific type of crushed aggs for each leg of the pipelines. IMO, it will be these pipelines contracts that send our SP to the moon.

IMO, Petronas is a done deal, always was.
Bullboard Posts