HLX - Helix Resources
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Still waiting for my options to be converted...........................
Cheques was cashed last Monday so they can't be far away
Then a nice JORC of a million oz of Au and a couple of hundred thousand tonnes of Fe and that will be a new fourby for me:
Unless they announce some rock chip samples that look like rock chips and may have a magnetic anomaly similiar to uranium rock chips (doesn't matter what state their in either) then it'll be new Sahara's for all of us
Cheques was cashed last Monday so they can't be far away
Then a nice JORC of a million oz of Au and a couple of hundred thousand tonnes of Fe and that will be a new fourby for me
: Unless they announce some rock chip samples that look like rock chips and may have a magnetic anomaly similiar to uranium rock chips (doesn't matter what state their in either) then it'll be new Sahara's for all of us
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Still waiting for my options to be converted...........................
Cheques was cashed last Monday so they can't be far away
Then a nice JORC of a million oz of Au and a couple of hundred thousand tonnes of Fe and that will be a new fourby for me
Unless they announce some rock chip samples that look like rock chips and may have a magnetic anomaly similiar to uranium rock chips (doesn't matter what state their in either) then it'll be new Sahara's for all of us
Ah that would be nice.
Hope we do get an ann csoon
Some big buyers at 18c.
I dont think it will drop that low again.
We are awaiting some announcment..so that should mean up..and hopefully out of that 22c resistance.
Nothing has really changed on the chart, except it might be just starting to go sideways & vol has dropped off a bit. It needs an ann to get it moving again imo.
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Should be a good second half year for Helix - but cannot really see too many announcements in next month from HLX or any JVs. Hence the volume drop but some may see this as a signal to buy. We all interpret things differently.
Good support between 18-19.5c anyway.
lol, I hope your right.
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Alot of drilling going on in this second quarter, so im sure some results will be forthcoming.
I read that TOE has started drilling Grawler with its JV partner Stellar Resourses.
Is this just a seperate tennament to HLX's? but in the same area.
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Does anyone know how close the tennaments that Toro and Helix have are, in relation to the tennaments EL3040, 3369,3372...which accoring to TOE ann they have started drilling?
Im just thinking if its close to the TOE/HLX JV..then we might get some indications from early drill results from this site.
Im just thinking if its close to the TOE/HLX JV..then we might get some indications from early drill results from this site.
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HLX looks to be forming a nice channel between 19c & 22c.
Mid April is comming up {drills Results}, so look for signs of volume increasing and some good ann to push us through that barrier.
Mid April is comming up {drills Results}, so look for signs of volume increasing and some good ann to push us through that barrier.
Symetrical triangle pattern forming - it is exactly where I believe we are at.
I topped up with a few today. Feeling bullish on Helix . Read below. Edit: A nice announcement in the next week would be about perfect timing from the company. The next ann. should be from Minotaur - let's hope it is soon as it is primed in a coil position to run.
"Volume is an important factor to consider when determining whether a formation is a true triangle. Typically, volume follows a reliable pattern: volume should diminish as the price swings back and forth between an increasingly narrow range of highs and lows. However, when breakout occurs, there should be a noticeable increase in volume. If this volume picture is not clear, investors should be cautious about whether the pattern is a true triangle.
This traditional volume pattern develops because of investor sentiment during the creation of a triangle. Investors are uncertain. This uncertainty means that they are buying and selling sooner, which translates into a narrowing of the highs and lows, creating the "coil" shape, indicative of the triangle . Because investors are uncertain, many are holding on to their stocks, awaiting the market's next move. When breakout finally does occur, there's a surge in market activity because investors are finally certain enough about the direction of the market to release their pent-up supply or demand."
http://www.trending123.com/patterns/bullish_symmetrical_triangle.htm
I topped up with a few today. Feeling bullish on Helix
. Read below. Edit: A nice announcement in the next week would be about perfect timing from the company. The next ann. should be from Minotaur - let's hope it is soon as it is primed in a coil position to run."Volume is an important factor to consider when determining whether a formation is a true triangle. Typically, volume follows a reliable pattern: volume should diminish as the price swings back and forth between an increasingly narrow range of highs and lows. However, when breakout occurs, there should be a noticeable increase in volume. If this volume picture is not clear, investors should be cautious about whether the pattern is a true triangle.
This traditional volume pattern develops because of investor sentiment during the creation of a triangle. Investors are uncertain. This uncertainty means that they are buying and selling sooner, which translates into a narrowing of the highs and lows, creating the "coil" shape, indicative of the triangle . Because investors are uncertain, many are holding on to their stocks, awaiting the market's next move. When breakout finally does occur, there's a surge in market activity because investors are finally certain enough about the direction of the market to release their pent-up supply or demand."
http://www.trending123.com/patterns/bullish_symmetrical_triangle.htm
Kipp
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Sean K
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Jimminy, you need to provide some analysis for why this might happen. Cheers.
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Thanks for the charts guys!
So much for that 10%
Not much of a report put out by Minotaur. And the HLX tennants have yet to be drilled.
I still think based on the statements from MEP and HLX in their annoncements...it looks like its later this month that we can hope for a bit of a breakout with more updates due.
Ive just noticed that it finished 6.98% lower today! Even after the MEP ann was posted.
Im sure tomorrow will be a litle more positive :>
So much for that 10%
Not much of a report put out by Minotaur. And the HLX tennants have yet to be drilled.
I still think based on the statements from MEP and HLX in their annoncements...it looks like its later this month that we can hope for a bit of a breakout with more updates due.
Ive just noticed that it finished 6.98% lower today! Even after the MEP ann was posted.
Im sure tomorrow will be a litle more positive :>
Hey all,
Announcement out just prior to the close. Both directors buying the new options tells me things are about to go....
My money is on MEP ann. the results of its drilling at Tunkilla...pushing the sp up through where its been moving sideways the last few weeks. THEN Yalleen Iron project should start drilling in this quarter.....more results?
Thats how I see it! I'm back in on this one!
Good luck to everyone DYOR
Announcement out just prior to the close. Both directors buying the new options tells me things are about to go....
My money is on MEP ann. the results of its drilling at Tunkilla...pushing the sp up through where its been moving sideways the last few weeks. THEN Yalleen Iron project should start drilling in this quarter.....more results?
Thats how I see it! I'm back in on this one!
Good luck to everyone DYOR
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They're executive incentive options, given to the directors for free.
That said, I'm anticipating an interesting couple of months coming up as the announcements start to flow.
That said, I'm anticipating an interesting couple of months coming up as the announcements start to flow.
