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Happy Creek Minerals Ltd V.HPY

Alternate Symbol(s):  HPYCF

Happy Creek Minerals Ltd. is engaged in the business of acquisition and exploration of mineral properties in British Columbia (B.C.), Canada. The Company is focused on making new discoveries and building resources in proximity to infrastructure on its 100%-owned portfolio of diversified metals projects in B.C. Its projects include the high-grade Fox Tungsten deposit, the Silverboss molybdenum-copper-gold-silver project adjacent to Glencore's closed Boss Mountain molybdenum mine, and the adjacent Hen-Art-DL gold and silver project. The Fox property is located approximately 70 kilometers (km) northeast of 100 Mile House in the south Cariboo region of British Columbia, Canada. The Silverboss property is located approximately 85 km northeast of 100 Mile House in south central British Columbia. The property is approximately 155 square kilometer (km2). The Hen and Art-DL property is located about 16 km southeast of the Boss Mt. molybdenum mine.


TSXV:HPY - Post by User

Comment by Earlyone_1on Aug 03, 2024 10:13am
141 Views
Post# 36162947

RE:Back to work August 6

RE:Back to work August 6The company effectively have no money to advance their projects. The current management team have not been able to increase shareholder value and have barely been able to keep the lights on through low share price offerings which are highly dilutive and effectively are nowhere near enough to finance any drill campaigns even though they have their permits in place.
Its another failed year for this group and for shareholders sake , I hope they are looking at all options, including selling their assets to another group that have the financial ability to prove up resources and increase shareholder value.
The company has very good assets but is currently in difficult financial shape.
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