Australian (ASX) Stock Market Forum

HLX - Helix Resources

Never thought we were enemies, just an unfortunate (as it turns out) user name :eek: (refers to Marc Faber actually & Swiss economics).

Yes ,please forgive me, I will never speculate on why someone is selling a parcel ever again; :eek: get's me into too much trouble :confused:
 
I guess all eyes now turn to minotaur and their quarterly report, it will contain more information regarding the Tunkillia Gold Project, could contain the latest drill results or even the Holy Grail the Tunkillia Resource upgrade. Reading the wording from HLX about the extra drilling results and the fact waste will be upgraded to mining material one could come to the conclusion that the upgrade could be large.
 
Dr Doom said:
Never thought we were enemies, just an unfortunate (as it turns out) user name :eek: (refers to Marc Faber actually & Swiss economics).

Yes ,please forgive me, I will never speculate on why someone is selling a parcel ever again; :eek: get's me into too much trouble :confused:
So nice for you two to kiss and make up. :remybussi

Two of the more objective and logical people out there! :)
 
don't worry too much just gives us a little more time to top up with all the news that is to follow shortly not many are going to want to dump their holdings.
 
interesting ride today, seems somebody might have known about the release of the quarterly today as the volume spiked just before the announcement and fell away after it was released.

action packed report with news due across most projects due shortly.

will be looking to get back in with any weakness over the coming trading days. I guess we need to keep eyes open for MEP quarterly and any news about Tunkillia.
 
with the updated resource statement for Tunkillia approaching and to be followed by a Scoping Study, from that point how long would it take to get to a decision to mine?

I know there are pre-feasability and feasability studies to be completed, but does anyone have a rough idea what time frame we are taking from now till decision to mine?
 
mick it looks like it will take about 9 months for the same thing to hapen with THX and coppernicus ....9 months from decision to mine to actual start of mining ....although each mine is different...I would certainly expect it during the second half of 2007...

EB
 
sp retrace from last run. looks to be support around 14.5 - 15 cents and under that around 12 cents. retrace has not been sold down in large volume however, which is a good sign IMO.

shows that holders are not just day trading. so we are just waiting for gold upgrade ann now. any ideas when that is coming?
 
Certainly good sign that retrace is with small volume only 300k compared with the 3 million plus recently. I think we will know more about the Tunkillia Gold Upgrade when Minotaur releases their quarterly, it might not be contained in the quarterly but should give an indication of how close they are.
 
mick2006,

I believe you must have been stopped out from HLX if u put the tight stop loss......or are u still in?
 
I sold out when it surged from 17c to 19c last week and took a couple of thousand profit, just waiting till it settles down again to re-enter. With the good news to follow shortly it shouldn't be down for long. Just a matter of when the next upswing starts. Also don't believe in using stop losses, just make sure that I always have a couple of hundred k in reserve if needed.
 
Hi fellas, sitting on 400 helix at 10c, expecting this one to bolt soon, the fundamentals are excellent, and their asset base is huge, bounced of 14c today and have spoken to staff that say iron results out this week.
 
thefisherman said:
Hi fellas, sitting on 400 helix at 10c, expecting this one to bolt soon, the fundamentals are excellent, and their asset base is huge, bounced of 14c today and have spoken to staff that say iron results out this week.

You've bought 400 shares at .10 cents? Or $400? Either way seems a bit small :).

Why is it going to "bolt"? How far do you expect this to bolt? Do you have anything to suggest it's going to bolt? Who did you speak to at the company?
 
he would really need this to "bolt" big time to just to get his brokerage back with only 400 shares - he he :)

ah well - least he is optomistic
 
thefisherman said:
Hi fellas, sitting on 400 helix at 10c, expecting this one to bolt soon, the fundamentals are excellent, and their asset base is huge, bounced of 14c today and have spoken to staff that say iron results out this week.

400 shares haha wtf!! Lets hope they go to at least 25cps so you can at least break even after brokerage eh
 
Take it easy Guys, thefisherman is only new round and prob made a type.

He prob doesn't relalise that this could be seen as very positive SP thought, and should be given the chance to remidy this, b4 he is put on the defense.

Cheers
SevenFX
 
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