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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
Post by Hallfieldon Apr 08, 2015 11:47am
105 Views
Post# 23608846

Permit

PermitIs the increase to the extraction permit the key to receiving news? I feel that it is. The PEA would be a nice read today but we won't be in production very long without an increase to the permit. We have basically been told that it is a slam dunk and we have contracted an expert to guide the company through the process. We may hear more about the first barge being loaded and perhaps the rate of production and other such things soon. However, I don't think we get the PEA until they can announce the increase to the permit. And, perhaps that is a proper strategy. It really doesn't matter how good the PEA is without being able to look beyond about one years worth of production. I think announcing them together would give us the big bang required to attract the attention needed to make this stock rise significantly and quickly. I hate the delays as much as everybody else but still feel that this management team is trying to do everything they can to assure the best outcome for all of us.
Bullboard Posts