Post by
Earlyone_1 on Jan 09, 2024 7:28pm
Collateral damage will continue….
Now that RCF has finished exiting their position hopefully the share price stabilizes. HPY will need to raise money for their next drill campaign and to try and raise money when the share price is this low is not practical IMO.
Comment by
TELEMARKER on Jan 09, 2024 8:25pm
will see what sp does wednesday. I am impressed how RCF shares were sucked up by market. RCF dunping / selling for 2 cents today. What a freaking joke. What kind of investor fund do these guys run? Buy high / sell rock bottom Godd ridanced
Comment by
Earlyone_1 on Jan 09, 2024 9:04pm
They may have decided to cut their losses and move on to greener pastures. HPY has been struggling for years and have not shown shareholders that they have what it takes to increase shareholder value. They have the properties but are way behind the curve when it comes to defining the resources associated with the properties.
Comment by
TELEMARKER on Jan 16, 2024 10:21am
The whole junior resource sector has had a tough go of it. HPY is at a cusp imo and things are about to happen. Too bad RCF did not hang on a bit longer. RCF may have been winding up the individual fund so sold HPY. Could they have transfered it to another one of their funds? The chant is metals for green machines to save us from ourseelves.