HLX - Helix Resources

[thefisherman]

as a shareholder (top 20 i think), i urge every shareholder to ring greg wheeler on his mobile(0414961122), point out the fact they(directors) r with holding information, and ask him to resign as u r considering complaining to asx and (more importantly) asic, if the results r not released immediately. also shareholders r considering calling a SPECIAL meeting to remove the board, which we can.

 

[YOUNG_TRADER]

Guys calm down a little bit we don't want to go doing all that

Just ring and maybe ask when will the company release results etc

 

[dj_420]

lol

i agree with yt, should just keep harassing directors, eventually they will get the idea

 

[thefisherman]

they will just snub u OFF, YT, complain bitterly and suggest criminal behaviour, bet u they r going to issue more shares under priced to their mates or jv partners and legit shareholders get stuffed, seen it happen 00's of times before when company genuinlly has something good, power to the people(shareholders), i am furious on this one because i bought more shares based on what they told me which has turned out to be incorrect.

 

[mick2006]

A shareholder mutiny won't do any good for the company or the shareprice, I agree that someone should seek clarification from the ASX about HLX witholding information from the shareholders.

 

[YOUNG_TRADER]

Again I say no need to go overboard,

I for one will not bother with taking this any further, why? Because its silly and not in the best interests of everyone

Seen "A Beautiful Mind" with Russel Crowe?

Its call Game Theory/Nash Equilibrium

Trust me best result will be for a few curious NOT ANGRY! BUT CURIOUS AND CONFUSED SHAREHOLDERS TO CONTACT THE COMPANY AND SEEK CLARIFICATION

AGAIN I SAY CURIOUS AND NOT ANGRY!

 

[marklar]

Quoth their Corporate Governance document:

3. Company Code Of Conduct
As part of its commitment to recognising the legitimate interests of stakeholders, the Company has an established a Code of Conduct to guide compliance with legal and other obligations to legitimate stakeholders. These stakeholders include employees, clients, customers, government authorities, creditors and the community as whole. This Code includes the following.

Responsibilities to Shareholders and the Financial Community Generally

The Company complies with the spirit as well as the letter of all laws and regulations that govern shareholders’ rights. The Company has processes in place designed to ensure the truthful and factual presentation of the Company’s financial position and prepares and maintains its accounts fairly and accurately in accordance with the generally accepted accounting and financial reporting standards.

m.

 

[mick2006]

Large buyer just came in 500k at 17c, are we set for an afternoon run?

 

[dj_420]

hahaha

all this talk has done wonders for the sp, there is now one bid in at 17 cents on 388 k.

lol

 

[moses]

if 17c is the "buy on the rumour" price, what happens next?

12c?

 

[YOUNG_TRADER]

if 17c is the "buy on the rumour" price, what happens next?

12c?

If so then it would be a huge buying opportunity, Mkt Cap vs NPV of Gold Project alone, then add possible NPV of a 290Mt@56%Fe Iron Ore Deposit as well as the TOE Uranium JV and you get a very very undervalued company

See I'm happy to buy because its not a matter of 'IF' with the gold project but rather when

I was lucky enough to get another 200k at 14c mon/tues

But DYOR and decide

 

[constable]

If so then it would be a huge buying opportunity, Mkt Cap vs NPV of Gold Project alone, then add possible NPV of a 290Mt@56%Fe Iron Ore Deposit as well as the TOE Uranium JV and you get a very very undervalued company

See I'm happy to buy because its not a matter of 'IF' with the gold project but rather when

I was lucky enough to get another 200k at 14c mon/tues

But DYOR and decide

Hi yt, just curious on your average on this stock?

 

[YOUNG_TRADER]

Not sure, probably 12c Have bought from say 9-14c

Holding 1M opies that cost avg 3c as well

 

[moses]

ta YT; I bought in at 12c, so its looking good for me anyway. I just missed out topping up at 14c so bought BYR instead, and thats looking good too.

I owe you thanks on both.

 

[constable]

Not sure, probably 12c Have bought from say 9-14c

Holding 1M opies that cost avg 3c as well

Hmmm want to swap ?
my av is 15.5 but have only bought in this week. Lots of interesting developments, dramas and speculation....what more could a shareholder want!

 

[Duckman#72]

Hmmm want to swap ?
my av is 15.5 but have only bought in this week. Lots of interesting developments, dramas and speculation....what more could a shareholder want!

Hi Constable - hope the missus is travelling well!!!

Don't feel bad about 15c..............I'm in at 18c!!! Oh well - like you say - it's a fun share to watch on the ASF. Took my JMS money and threw the dice again.

Duckman

 

[toc_bat]

as a shareholder (top 20 i think), i urge every shareholder to ring greg wheeler on his mobile(0414961122), point out the fact they(directors) r with holding information, and ask him to resign as u r considering complaining to asx and (more importantly) asic, if the results r not released immediately. also shareholders r considering calling a SPECIAL meeting to remove the board, which we can.

you've certainly changed your tune

HLX is obviously a good buy, but i reckon the current price spike is just like it was in YML not long back, ie off this board and others like it, entertaining stuff

edit: last thing we all want is this co to suddenly get tangled up in asic dramas only to see investors panic selling it off and the options becoming worthless, esp since i own a huge 30,000 of them, hehaw

 

[sydneysider]

If so then it would be a huge buying opportunity, Mkt Cap vs NPV of Gold Project alone, then add possible NPV of a 290Mt@56%Fe Iron Ore Deposit as well as the TOE Uranium JV and you get a very very undervalued company

See I'm happy to buy because its not a matter of 'IF' with the gold project but rather when

I was lucky enough to get another 200k at 14c mon/tues

But DYOR and decide

HLX quarterly was filled with a lot of very good stuff. I think the speculators have not yet realized that HLX is a holder of some of the better and large size leases in SA. Minatour is JV'd at Tunkilla where they will shortly upgrade the JORC gold resource inxs of 1,000,000 gold ounces PLUS they have started a regional exploration program and will shortly announce results. TORO JV has also identified 5 u targets in a 25 km long paleochannel near Tunkilla where they will in about 8 weeks start drilling 1,000 holes. All of this for about 18 cents and a market cap of around $17 million. Read the quarterly and be amazed at the "bargain basement" aspect of this stock. They are doing much better than the MOX's and UXA's and all of the other one shot Olympic Dam hopefuls. There is absolutely no u mania premium in this stock and it is on the verge of a major drill program that could have a very dramatic impact on the sp. Most of the u stocks are doing radiometrics and picking up rocks. How many of them are about to start 1,000 hole u drilling programs? and look at their valuations in many cases multiples of HLX.

 

[speves]

Hmmm want to swap ?
my av is 15.5 but have only bought in this week. Lots of interesting developments, dramas and speculation....what more could a shareholder want!

It seems the charts are backing up the fundementals on this one. I will be trying to get in next week if it's not already too late but am happy to swop some going nowhere 28c BMX for your 15.5c HLX. One for one swop... a bargin!! (for me) .

 

[YOUNG_TRADER]

Any curious shareholders who made enquires re Iron Ore results get any answers yet?

If not keep the phone calls going