HLX - Helix Resources

[greggy]

And hardly anyone saw its upside at 17c/18c

I am expecting an announcement to be out br Friday at the latest, if not we need to badger the company for an update re AQA Iron Ore,

How can they not release AQA's findings of such a huge channel?

As frustrated as I am with management, this is exactly what I encountered with JMS, I tired and tried to put their management in touch with peeps at Resource Stocks and other Analysts as well as brokers but they weren't interested in hearing it, instead they did there own thing but eventually they made it work,

I get the feeling that HLX may be up to something big as was JMS hence their reluctance to communicate etc etc just like JMS

Time will tell

My one and only gripe with investing in the share market is the attitude of many directors towards shareholders. They don't answer calls from investors and do little PR. Hence, this often leads to companies being overlooked. I had the same problem with VMS management, despite holding 150,000 shares. From now on I intend to avoid those companies that neglect their shareholders in this manner.
DYOR
DYOR

 

[sydneysider]

My one and only gripe with investing in the share market is the attitude of many directors towards shareholders. They don't answer calls from investors and do little PR. Hence, this often leads to companies being overlooked. I had the same problem with VMS management, despite holding 150,000 shares. From now on I intend to avoid those companies that neglect their shareholders in this manner.
DYOR
DYOR

There is a lot of information in the public domain about the various JV's that Helix has underway. The stock price has reacted accordingly. They do not waste their (our) money on PR needlessly, nor have they "blown out" the issued share capital even after a lengthy public history and they have produced a swag of interesting development plays that has attracted a number of high quality JV partners. I had no trouble finding all of the info I needed about HLX on the web. The stock is currently well supported and the chart pattern looks very positive. Sit back and enjoy the ride.

 

[greggy]

There is a lot of information in the public domain about the various JV's that Helix has underway. The stock price has reacted accordingly. They do not waste their (our) money on PR needlessly, nor have they "blown out" the issued share capital even after a lengthy public history and they have produced a swag of interesting development plays that has attracted a number of high quality JV partners. I had no trouble finding all of the info I needed about HLX on the web. The stock is currently well supported and the chart pattern looks very positive. Sit back and enjoy the ride.

I agree with YT's take on this subject. HLX has strong potential on a number of fronts and it doesn't cost that much to do an up to date presentation on its exciting projects. The ride indeed is a very pleasant one.
DYOR

 

[sydneysider]

I agree with YT's take on this subject. HLX has strong potential on a number of fronts and it doesn't cost that much to do an up to date presentation on its exciting projects. The ride indeed is a very pleasant one.
DYOR

IF HLX had been overtly and brazenly promotional we would not be getting the bargain that we perceive at a low price. Be thankful and continue to enjoy the ride.

 

[YOUNG_TRADER]

IF HLX had been overtly and brazenly promotional we would not be getting the bargain that we perceive at a low price. Be thankful and continue to enjoy the ride.

Theres only so much we can buy of HLX, sooner or later we need the whole mkt to be aware oh HLX's potential as with JMS & BCN, for market awarness promotion and good ann's are required,

A wee bit of chest beating by management wouldn't go a stray IMO

 

[greggy]

Theres only so much we can buy of HLX, sooner or later we need the whole mkt to be aware oh HLX's potential as with JMS & BCN, for market awarness promotion and good ann's are required,

A wee bit of chest beating by management wouldn't go a stray IMO

Whilst I was a shareholder of Korab Res, I spoke with Mr Karpinski, MD, about the company's strong uranium prospects (Rum Jungle etc) and suggested that the company raise its profile as it had been overlooked by the market. This was in May 07 last year and look what's happened since. Its happened over and over again. Over the past 28 yrs that I've been trading I've had countles discussions with such companies. What I don't like especially are companies that don't return calls. If a company feels that its been overlooked, then surely, in the interests of shareholders, the best bet is to increase the company's profile.
DYOR

 

[marklar]

Theres only so much we can buy of HLX

If we keep buying it might be worthwhile approaching ASX and asking for their code to be changed to "ASF" :vader:

m.

 

[greggy]

If we keep buying it might be worthwhile approaching ASX and asking for their code to be changed to "ASF" :vader:

m.

Its amazing how this forum can move markets. YT has a great track record and deserves a lot of credit for all his hard work on HLX.

 

[wanty]

My one and only gripe with investing in the share market is the attitude of many directors towards shareholders. They don't answer calls from investors and do little PR. Hence, this often leads to companies being overlooked. I had the same problem with VMS management, despite holding 150,000 shares. From now on I intend to avoid those companies that neglect their shareholders in this manner.
DYOR
DYOR

Well Greggy i had a terrific conversation with Mick wilson from HLX only last week who is the exploration manager.Had to wait about an hour or so for him to ring me back as he was in an important meeting when i rang with the directors etc from minotaur exploration at the time.But,he did ring me back and was very informative.Was hard to squeeze too much info from him but he was extremely bullish about the prospects of Helix and the jv's they have with some of the big boys.

I bought more.

 

[YOUNG_TRADER]

Update by RHI/AQA on Pilbara Iron Ore

As foreshadowed in the Company's Quarterly Report, API has commenced a pre-feasibility study on iron production from the Red Hill projects, including the commissioning of a Port Options Study, and models of rail construction and operating data.
Drilling at Red Hill during 2006 revealed some exciting channel iron deposits, and continues to intersect thick zones of high-grade channel iron mineralisation, including the newly discovered Upper Cane prospect, as set out in the accompanying table of results (previously included in the last Quarterly Report).

RHI's Mkt cap is bigger than HLX's and all it has is these Iron Ore projects

 

[greggy]

Well Greggy i had a terrific conversation with Mick wilson from HLX only last week who is the exploration manager.Had to wait about an hour or so for him to ring me back as he was in an important meeting when i rang with the directors etc from minotaur exploration at the time.But,he did ring me back and was very informative.Was hard to squeeze too much info from him but he was extremely bullish about the prospects of Helix and the jv's they have with some of the big boys.

I bought more.

well done. Thanks for the info. Before I buy into a company I generally give the management a call to get a better feel of the company. If I'm not left with a good impression I won't buy the stock.
DYOR

 

[YOUNG_TRADER]

Decent volume again,

Should get 1-1.5M by close

Looks like lots of punters want in pre weekend

I'll be very surprised/confused if we don't get an Ann by say Moday lunch time at the VERY LATEST!

Charties/Techies I reckon the chart looks very healthy consolidating the way it has, an updated view would be nice, DJ, Cana etc

Thanks in advance

 

[Accaeric]

sp is quite stable right now and looking bullish as well.

we won't see a highly volatile movement of sp till next ann.

 

[sydneysider]

Decent volume again,

Should get 1-1.5M by close

Looks like lots of punters want in pre weekend

I'll be very surprised/confused if we don't get an Ann by say Moday lunch time at the VERY LATEST!

Charties/Techies I reckon the chart looks very healthy consolidating the way it has, an updated view would be nice, DJ, Cana etc

Thanks in advance

Volume is already over one million to-day and another half a million will IMHO see it break out above 23 cents and challenge 25. No-one is selling the oppies at these levels to-day.

 

[dj_420]

ok what i see here is we had great break out above medium and long term resistance of 20 cents. sp has been consolidating in this area and has formed descending triangle.

on the retracement following breakout we saw the sp been pushed back up to 23.5 cents on close. so any signs of weakness this stock has been quickly bought up and sp pushed back up.

the 21.5 cents mark has formed new support in the base of the descending triangle. with an ann this IMO would form the catalyst for the next breakout.

next major levels of resistance can be seen from market depth up to 25 cents. the next major move indicated on the long term charts would be 30 cents.

so downside i put at 21.5 with a break below that 18 cents. although a break under 21.5 may not see sp retrace that far as we have huge support building now in anticipation for ann.

volume is staying up and MACD looking good. based on fundamentals we could see sp pushed up without an ann as small market cap puts his one as still undervalued.

 

[YOUNG_TRADER]

Thanks DJ,

Yeah I agree, I doubt it will break 20c, over 2.5M on the bid at or above 20c carzy!

Can't wait for those buyers to realise they won't get filled and they start moving bids up, a few large bids have already moved up from below 20c to about 21.5c

 

[dj_420]

volume really starting to pick up now! this is the volume increase we saw on last breakout.

its looking great on the charts, technically huge amounts of support now.

 

[greggy]

volume really starting to pick up now! this is the volume increase we saw on last breakout.

its looking great on the charts, technically huge amounts of support now.

It seems to going up again. Now at 23c with plenty of buying support at 21.5/22c.
DYOR

 

[TheAbyss]

Is it just me? I have this voice in my head saying liquidate as much as i can and get as many HLX as i can before the stampede?

No rational thought involved, just have an itch. I have enough HLX already.

You have to wonder sometimes what goes on in a persons mind when things are getting ready to boil.

 

[greggy]

Is it just me? I have this voice in my head saying liquidate as much as i can and get as many HLX as i can before the stampede?

No rational thought involved, just have an itch. I have enough HLX already.

You have to wonder sometimes what goes on in a persons mind when things are getting ready to boil.

Diversity is also important no matter how good HLX looks.
DYOR