Australian (ASX) Stock Market Forum

HLX - Helix Resources

hi guys.

I hold aquila resources. basically these guys are leveraging of HLX's and RHI's tenements and starting up another FMG type operation with 20mT per annum. HLX and RHI will benefit through ongoing royalties/minority interests in this venture.
 
I am thinking about MOX,URA, did HLX peak? I reckon it did. HLX could be quiet or drift After wild run without big news.
 
i think sp just ran a little ahead of itself. sp was increasing steadily before speculators took it to far. i want to see it hold 20 cents and build a base of support there.

gold upgrade to come, not sure when however. gold spot is also increasing, will be good for goldies!
 
dj_420 said:
i think sp just ran a little ahead of itself. sp was increasing steadily before speculators took it to far. i want to see it hold 20 cents and build a base of support there.

gold upgrade to come, not sure when however. gold spot is also increasing, will be good for goldies!

Exactly! like I keep saying the MEP gold upgrade is the wild card and with gold pushin $680 its a good time to be releasing it,

But when is the question, the answer lies with MEP
 
stoxclimber said:
Stock holding up well with also a big buyer of the options. Unfortunately volume is quite low..


edit: massive buy there
Up 1c today to 20.5c. Perhaps its starting to move slowly upwards from here.
DYOR
 
I think just finding some short term support here. Hopefully it holds for a few days to consolidate after the jump.
 
kennas said:
I think just finding some short term support here. Hopefully it holds for a few days to consolidate after the jump.
Hi Kennas,

I'm thinking of buying back in around the 20c mark, but will wait and see what happens. Spent most of my spare trading cash on NRU.
DYOR
 
Minotaur is continuing a program of slim-line RC drilling to add to knowledge of gold mineralisation in the oxide zone at Area 223, together with a metallurgical study into the leaching characteristics of both the oxide and primary ore types. Initial bottle roll tests have shown that both ore types have positive leaching characteristics, further column tests are now required to confirm this and calculate the expected recovery percentage for both ore types. Whilst these programs are expected to be completed during the first quarter of 2007 and assist in any development decision

It says here that metallurgical study and column test will be completed by the end of this quarter. So i think interest will pick up around of the mid of march.
 
nice to see HLX pulling itself up by its bootstraps; now all orders below 0.225 are cleared. Next hurdle is the 100k order at 0.225; ssssmokin!!!!
 
Support validated at 20, hopefully a steadier climb with day traders steering clear. Still early days. Could fall over in the next 1 1/2 hrs.. :cautious:
 
Here it goes!!!!
On its way up again b4 the close of day i hope:)

Dam though...was 1 cent too slow on buying more through commsec at Market value :banghead:
That will teach me to touch type...lol
 
I agree Kennas, 20 cents definately support, short term though.
I just don't trust this stock/directors I guess. It's HLX's tennements, but they can't ann on the progress???

Hope HLX rockets for the guys who held, I took my 10% today @ 22 cents.
 
HLX JV partners AQA and TOE are up. look at AQA up 10%, there has been some recent media coverage on iron ore as late.

i think iron ore could possibly be commodity for 2007, as well as nickel, gold, maybe zinc (if we see more drawdowns and LME empty quickly). oh yeah and uranium!
 
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