Australian (ASX) Stock Market Forum

HRR - Heron Resources

Jump to new
tarnor

tarnor

Joined
25 August 2004
Posts
390
Reactions
0
Heron HRR

Any guesses where this is going to end up today? a lot of hype in the press, speculation that bhp is going for a full take over, nickel project..
don't know much else about it.. missed buying on friday expect it to continue running hard today , might be some quick $$$. any thoughts
 
Re: heron HRR

finished up near 30% with almost 10m turnover, closed a cent of its high, could break 1$ by the end of this week...

missed this one unfortunately
 
Anyone think HRR is worth placing on the radar given recent interest in Nickel?

Saw HRR discussed a year or so ago in an article of "resource companies to watch" (mentioned alongside PDN- then at $1.74).

Latest company open briefing has HRR spinning off gold and uranium assests to concentrate on Nickel.

Stock holdings by BHP and Inco. Steady accumulation by another.
 
i'm pumping all my hard earned into this little ripper 10% owned by BHP 10% owned by Inco 25% owned by directors 165million shares on offer, JV with inco everything being paid for by INCO Heron takes a 40% cut of the profit i cannot say enough about this but im trying to buy up as much as i can before word gets out and this goes to 10bux! currently 66cents
 
I have been holding HRR for a few months now with some nice gains. But it looks like the demand is starting to decrease.

Does anyone have any thoughts on where HRR might be going?
 
I am glad that i held onto this one. So far today up 9.4% :)

Does anyone have any inside news on HRR?
 
I finally have got some HRR. I chase this one all way up to over a dollar. I fell so stupid I should make my decision quick. But I am a lot more cautious when adding more resources stock given my extremely over-weight on energy and materials.

HRR is a company has two huge deposits of Nickel, one of them JV with Inco, another its own.

We are talking about over 3Mt contained nickel with in ground value at $120b!! A lot of company is luck enough to get 3Mt minerals at 1% . It is a prime target for any large producers. Inco and BHP are both on the share registry.

Another company with a lot of resources is MLX, the merge between BTX and MTX, with close to 2Mt contained Nickel. They are all here in Aussie land, not like RMI, with over 1Mt nickel in PNG.
 
Bet you are pleased you jumped on board. SP has gone from $.80 to $1.17 in last 3 weeks - a 46% rise. Where are the headlines and where are the postings. Nickel price hasn't moved much before and around that time, RBR (gold) has been spun off but its price remains at float price, so why the big increase and lack of commentry? Any one got any ideas?
 
yachty7 said:
Bet you are pleased you jumped on board. SP has gone from $.80 to $1.17 in last 3 weeks - a 46% rise. Where are the headlines and where are the postings. Nickel price hasn't moved much before and around that time, RBR (gold) has been spun off but its price remains at float price, so why the big increase and lack of commentry? Any one got any ideas?
Click to expand...

HRR is not a targeted by day-trader. I guess a lot of people on the share registry are serious medium to long-term investors.

I always like to point it out the under-valued stocks after I have watched them, and sometimes purchased them. But I don't worry about lack of any interests from this forum at all. I would rather a stock without many day-traders involvement. (a few is OK).
 
Why why why can't i short the ones that are so obvious?:banghead:

Anyone else think that this is looking like a head and shoulders pattern?

Cheers,
 

Attachments

  • hrrtoday.jpg
    hrrtoday.jpg
    97.4 KB · Views: 267
CanOz said:
Why why why can't i short the ones that are so obvious?:banghead:

Anyone else think that this is looking like a head and shoulders pattern?

Cheers,
Click to expand...

Feel a bit silly thinking this was a short, check out the volume i missed:confused:

I must have thought it was the side of the chart! Now i'm thinking low risk entry!

Hmmm.

Cheers,
 

Attachments

  • hrrhighvolgif.jpg
    hrrhighvolgif.jpg
    99.4 KB · Views: 247
Massive jump in last 2 days - Has anyone got any idea why this increase ?? My guess is that they are about to finish Pre Feasibility Report
 
Guys,
Any idea why the price is shooting everyday ..Closed at 1.245 and saw a big parcel being picked up seconds before the close
 
Can someone please explain me why Heron Resouces has underperformed in last 6 months when all the NICKEL stocks have rallied strongly.
 
vjindal said:
Can someone please explain me why Heron Resouces has underperformed in last 6 months when all the NICKEL stocks have rallied strongly.
Click to expand...

Not so my friend. The enclosed Commsec Chart comparison between HRR & AGM to me shows that the pretty much mirror each other.

If you are thinking Jubilee (JBM), you have to remember:

(i) Shareholders received full value via takeover
(ii) JBM contniued to make ann which substantially enhance known nickel reserves

HRR.gif
 
I appreciate your comment ..But more so, I am referring to Sally Mallay Mining, Intependance Group, Minara, Mincor etc etc...
It seems HERON has tremendous potential but doesn't seem to move at all.
 
$1.09 now - Inco agreed to proceed with STEP 3 of their JV - All positive signals now !!! Pre feasibility on Jump Jump should be finalised by the end of this year - Should move from here on.
 
I am loooking at buying into this stock and while a fart about decidiing its gone up 30c. whats driving it? Any one got any ideas?

Thanks in advance.

Lost Greenhorn!:2twocents
 

Similar threads

ducati916
November 2024 DDD
2 3
Replies
53
Views
4K
ducati916
ducati916
ducati916
April 2024 DDD
3 4 5
Replies
98
Views
8K
ducati916
ducati916
basilio
How valuable are two parent families?
2
Replies
28
Views
3K
Value Collector
Value Collector
Dona Ferentes
TGF - Tribeca Global Natural Resources
Replies
5
Views
2K
frugal.rock
frugal.rock
Linus van Pelt
System optimisation: IS training vs. OOS testing, and Paper Trading
Replies
10
Views
2K
Garpal Gumnut
Garpal Gumnut
Top