Post by
Prospector43 on Sep 26, 2010 5:36pm
HLO is an EXCELLENT Investment
HALO RESOURCES is an EXCELLENT investment opportunity. The company has everything going for it. They own a very large ore deposit near Flin Flon, Man. that Hudbay Minerals just cant wait to sink their teeth into. So far the grade of ore would be very profitable to mine even though they would have to haul it to HBM's mill in Flin Flon. Having prospected in this area many years ago, "nothing surprises me about the magnitude of the mineralization in the area of Halo's claims, nothing" A lot of the higher grade ores are at surface or near surface and I suspect that HALO/HBM have already decided on the exact location of the "starter pit". What will likely (99% chance) happen is HBM will set up a primary crusher, jaw and cone crusher and start hauling ore to their mill while they install a concentrator. Eventually a complete mill / flotation system would have to be added. HBM is hurting for " feedstock" at their mill in Flin Flon and this should help them out in the meantime. HBM will be responsible for operating the mine and will be buying the ore from HALO.
I think buying in at today prices (
.35) make for a good investment.
Comment by
guerreiro on Sep 28, 2010 4:13pm
Possibly .50 cents by this Friday, Oct 1, 2010 and on to $1 by November 2010.
Comment by
glynlewis on Sep 28, 2010 4:32pm
You were correct before. You're probably right this time. Thanks for the projection!
Comment by
Camaroni on Sep 29, 2010 8:53am
Pretty susupicious trades in the last 2 minutes at .04 below the trending bid/ask. Small volume also. Looks like somebody was trading to keep price from rising. A shame to see that accomplished. GLTA