SHE - Stonehorse Energy
- Thread starter Bingo
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Caliente
Black Gold!
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Re: HCY - Halcyon Group
Holding up well despite this shocker of an announcement.
Holding up well despite this shocker of an announcement.
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Re: HCY - Halcyon Group
still
why 1.6 ?????
stupid board of management....
still
why 1.6 ?????
stupid board of management....
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Re: HCY - Halcyon Group
indeed
100M shares is huge....
and this will make a lot of difference this week
now i'm sure this sp will go south soon enough
i have my stop loss at 2.1c
jeez... hate myself for this
indeed
100M shares is huge....
and this will make a lot of difference this week
now i'm sure this sp will go south soon enough
i have my stop loss at 2.1c
jeez... hate myself for this
Re: HCY - Halcyon Group
stop loss at 2.1? did u buy into HCY today powerkoala?powerkoala said:indeed
100M shares is huge....
and this will make a lot of difference this week
now i'm sure this sp will go south soon enough
i have my stop loss at 2.1c
jeez... hate myself for this
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Re: HCY - Halcyon Group
no,
last month
at 2.4c the peak
i already feel uneasy on friday when it touched 2.4c again...
now i know why....
not going to touch this until 1.6c
petee said:stop loss at 2.1? did u buy into HCY today powerkoala?
no,
last month
at 2.4c the peak
i already feel uneasy on friday when it touched 2.4c again...
now i know why....
not going to touch this until 1.6c
Re: HCY - Halcyon Group
thats right..its been a good trader in the past year between 1.3 and 2...not sure what will happen now but in any case ill just sit and watch...am still holding some tho been in and out a few times in this one...just a bit annoyed with the management decisions but who knowspowerkoala said:no,
last month
at 2.4c the peak
i already feel uneasy on friday when it touched 2.4c again...
now i know why....
not going to touch this until 1.6c
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Re: HCY - Halcyon Group
true.
at market price 2.4c,
they suppose to put price 2c is quite a discount already.
1.6c is a nightmare with another 100M
oh well, i learned my lesson from this one.
good luck for holders
true.
at market price 2.4c,
they suppose to put price 2c is quite a discount already.
1.6c is a nightmare with another 100M
oh well, i learned my lesson from this one.
good luck for holders
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Re: HCY - Halcyon Group
My guess is HCY will have some news of what they plan on doing with the $1.6mil in the quarterly report due now, which is perhaps why the SP hasnt dropped below 2c...I dont think they'd hold these funds for the uranium tenure they are waiting on....they do have a nickel tennament 100%HCY which they've been meaning to drill but I feel that the minara JV would be keeping them busy enough....I thought they allready had started the drilling for copper and that cost was alot less than $1.6mill....my guess is that (unless the uranium tenemant has come in early) they will prob use the cash for a study on the copper mining OR they have found a partner on some further work on their gold exploration...
or maybe they've been watching TopGear and are just after a couple o nice super cars to get between West Perth and Kal.!!!???
My guess is HCY will have some news of what they plan on doing with the $1.6mil in the quarterly report due now, which is perhaps why the SP hasnt dropped below 2c...I dont think they'd hold these funds for the uranium tenure they are waiting on....they do have a nickel tennament 100%HCY which they've been meaning to drill but I feel that the minara JV would be keeping them busy enough....I thought they allready had started the drilling for copper and that cost was alot less than $1.6mill....my guess is that (unless the uranium tenemant has come in early) they will prob use the cash for a study on the copper mining OR they have found a partner on some further work on their gold exploration...
or maybe they've been watching TopGear and are just after a couple o nice super cars to get between West Perth and Kal.!!!???
bigdog
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Re: HCY - Halcyon Group
HCY ASX ann today
SP HCY $0.021 -$0.001 25,612,680 $564,056 30-Jan 10:50:17
there was high today of 24 cents
HCY 10:26 AM New Application with 4856PPM U3O8 in Drill Concentrates
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00688289
The Directors of Halcyon Group Ltd (ASX: HCY) are very pleased to announce that the Company has applied for tenure which contains drilling by BHP Minerals Ltd for gold in the 1980s where heavy mineral concentrates assayed up to 4,856ppm (or 0.4856%) U3O8. This result came from a 2 metre sample of Tertiary channel material within a 4 metre zone where the heavy mineral concentrates averaged 3,024ppm (0.3024%) U3O8 from 70 metres down drillhole GD7.
Consequently the company has also increased the size of its 100% owned Lake Marmion Uranium Project (located ~130kms north of Kalgoorlie in Western Australia) by a further 20% to a total of 250km² through the application for tenement ELA29/637.
This application has now given Halcyon exposure to the discovery of palaeochannel/sedimentary type uranium deposits with good examples being those deposits in the Frome Embayment in South Australia with the currently operating in-situ leach mine of Beverley (12 Million Tonnes @ 1,800ppm (U3O8) and the recently discovered Four Mile prospect (Alliance Resources Limited). Locally the nearest example is the Mulga Rocks Deposit (220kms to the east) which is associated with lignite (form of organic matter) at the base of a palaeochannel and contains a resource of 10.8 Million Tonnes @ 1,400ppm U3O8.
Although the results are of concentrates from drill samples, the above mentioned values are very strong indicators that the base of the palaeochannel is mineralised with uranium, therefore giving a high probability of discovering economic deposits (greater than 300ppm) of uranium in this palaeochannel/sedimentary type environment in and around Lake Marmion. The new tenement application also contains the western extension of the drainage channel that returned trench sampling results of up to 5,430ppm U3O8 and auger drilling results of up to 800ppm U3O8 in the 1970s.
The Lake Marmion Uranium Project remains highly prospective for uranium in surficial (near surface) deposits such as lake sediments. The company is initially focussed on testing the potential of the project to host this near surface material although any drilling will be extended to also test the palaeochannel potential.
The attached image can be viewed in colour and at a higher resolution on our comprehensive website,
www.halcyongroup.com.au.
HCY ASX ann today
SP HCY $0.021 -$0.001 25,612,680 $564,056 30-Jan 10:50:17
there was high today of 24 cents
HCY 10:26 AM New Application with 4856PPM U3O8 in Drill Concentrates
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00688289
The Directors of Halcyon Group Ltd (ASX: HCY) are very pleased to announce that the Company has applied for tenure which contains drilling by BHP Minerals Ltd for gold in the 1980s where heavy mineral concentrates assayed up to 4,856ppm (or 0.4856%) U3O8. This result came from a 2 metre sample of Tertiary channel material within a 4 metre zone where the heavy mineral concentrates averaged 3,024ppm (0.3024%) U3O8 from 70 metres down drillhole GD7.
Consequently the company has also increased the size of its 100% owned Lake Marmion Uranium Project (located ~130kms north of Kalgoorlie in Western Australia) by a further 20% to a total of 250km² through the application for tenement ELA29/637.
This application has now given Halcyon exposure to the discovery of palaeochannel/sedimentary type uranium deposits with good examples being those deposits in the Frome Embayment in South Australia with the currently operating in-situ leach mine of Beverley (12 Million Tonnes @ 1,800ppm (U3O8) and the recently discovered Four Mile prospect (Alliance Resources Limited). Locally the nearest example is the Mulga Rocks Deposit (220kms to the east) which is associated with lignite (form of organic matter) at the base of a palaeochannel and contains a resource of 10.8 Million Tonnes @ 1,400ppm U3O8.
Although the results are of concentrates from drill samples, the above mentioned values are very strong indicators that the base of the palaeochannel is mineralised with uranium, therefore giving a high probability of discovering economic deposits (greater than 300ppm) of uranium in this palaeochannel/sedimentary type environment in and around Lake Marmion. The new tenement application also contains the western extension of the drainage channel that returned trench sampling results of up to 5,430ppm U3O8 and auger drilling results of up to 800ppm U3O8 in the 1970s.
The Lake Marmion Uranium Project remains highly prospective for uranium in surficial (near surface) deposits such as lake sediments. The company is initially focussed on testing the potential of the project to host this near surface material although any drilling will be extended to also test the palaeochannel potential.
The attached image can be viewed in colour and at a higher resolution on our comprehensive website,
www.halcyongroup.com.au.
bigdog
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Re: HCY - Halcyon Group
ASX ANN
Opinions of activities please!
HCY 6:13 PM Second Quarter Activities Report
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00689546
HIGHLIGHTS
Uranium - The Lake Marmion Uranium Project has increased with the application for nearby tenure containing drillholes with heavy mineral concentrates assaying up to 4,856ppm U3O8 within Tertiary channel material. These values strongly suggest that the base of the palaeochannel at Lake Marmion is also mineralised with Uranium as are the near surface lake sediments with adjacent trench samples of up to 5,430ppm U3O8.
Nickel - The Bardoc Nickel Joint Venture with Minara Resources Ltd has recommenced exploration with drilling in the Number One Target Area to test in and around the embayment feature on the basal contact, drill testing a New Nickel Target and after inconclusive Testwork on the Western Zone drill intersection (45 metres @ 0.5% Nickel, 0.05% Cobalt and 0.1% Copper from 21 metres) conducting an Induced Polarization (“IP”) Survey to better locate a nickel sulphide source for immediate drill testing.
Copper - Results from the previous drill program at the Mount Pleasant Copper Project may have delineated new Copper Zones with one prospect returning Copper values of up to 3.61% Copper (“Cu”) from drilling at the Old Mount Pleasant Copper Mine with supporting surface stockpile samples assaying up to 5.32% Cu.
HCY 6:15 PM Second Quarter Cashflow Report
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00689549
Cash on hand Dec 31 $721,000
Exploration $281,000 and admin $114,000
Proceeds share issue $297,000
ASX ANN
Opinions of activities please!
HCY 6:13 PM Second Quarter Activities Report
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00689546
HIGHLIGHTS
Uranium - The Lake Marmion Uranium Project has increased with the application for nearby tenure containing drillholes with heavy mineral concentrates assaying up to 4,856ppm U3O8 within Tertiary channel material. These values strongly suggest that the base of the palaeochannel at Lake Marmion is also mineralised with Uranium as are the near surface lake sediments with adjacent trench samples of up to 5,430ppm U3O8.
Nickel - The Bardoc Nickel Joint Venture with Minara Resources Ltd has recommenced exploration with drilling in the Number One Target Area to test in and around the embayment feature on the basal contact, drill testing a New Nickel Target and after inconclusive Testwork on the Western Zone drill intersection (45 metres @ 0.5% Nickel, 0.05% Cobalt and 0.1% Copper from 21 metres) conducting an Induced Polarization (“IP”) Survey to better locate a nickel sulphide source for immediate drill testing.
Copper - Results from the previous drill program at the Mount Pleasant Copper Project may have delineated new Copper Zones with one prospect returning Copper values of up to 3.61% Copper (“Cu”) from drilling at the Old Mount Pleasant Copper Mine with supporting surface stockpile samples assaying up to 5.32% Cu.
HCY 6:15 PM Second Quarter Cashflow Report
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00689549
Cash on hand Dec 31 $721,000
Exploration $281,000 and admin $114,000
Proceeds share issue $297,000
Re: HCY - Halcyon Group
DYOR
I'm not holding at present, but am watching with interest from the sidelines. With HCY applying for leases with potential for uranium and recent share placements, I feel that this company is finally making the right moves.bigdog said:
DYOR
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Re: HCY - Halcyon Group
Ann today...
COMMENCEMENT OF LAKE MARMION URANIUM SAMPLING PROGRAM
"The Directors of Halcyon Group Ltd (ASX: HCY) are very pleased to announce that the Company has begun sampling the surface uranium radiometric anomalies on the tenure applied for to date on the Lake
Marmion Uranium Project (located ~130kms north of Kalgoorlie in Western Australia). The first four sites have been scanned with a scintillometer, with the most radioactive areas sampled by hand auger with results expected shortly.
In addition, the company has also increased the size of its 100% owned Lake Marmion Uranium Project by a further 37% to a total of 343km² through the application for tenements EL31/751 & 752, and PL31/1769 to 1771.
The four sample sites (see attached map) where selected on the basis of the highest uranium radiometric anomalies taken during previous aeromagnetic surveys over the tenure. Each sample site was scanned
with a scintillometer (a scientific instrument used to measure radioactivity) and readings of up to 600 total counts per second (cps) were generated at one of the sites. These readings are positive indicators for near surface uranium mineralisation.
The new tenure on the eastern side of the project is highly prospective for palaeochannel/sedimentary type uranium deposits (eg, Mulga Rocks -10.8 Million Tonnes @ 1,400ppm U3O8) and uranium in surficial (near surface) deposits hosted in calcrete (eg, Yeelirrie deposit -35 Million tonnes @ 1,500ppm U3O8) and/or lake sediments.
The sampling program will continue on the Lake Marmion Uranium Project over the coming months until the tenure is granted and drilling is ready to test the areas with the best potential for discovering both the near surface and the palaeochannel/sedimentary type uranium mineralisation."
(Not holding)
Ann today...
COMMENCEMENT OF LAKE MARMION URANIUM SAMPLING PROGRAM
"The Directors of Halcyon Group Ltd (ASX: HCY) are very pleased to announce that the Company has begun sampling the surface uranium radiometric anomalies on the tenure applied for to date on the Lake
Marmion Uranium Project (located ~130kms north of Kalgoorlie in Western Australia). The first four sites have been scanned with a scintillometer, with the most radioactive areas sampled by hand auger with results expected shortly.
In addition, the company has also increased the size of its 100% owned Lake Marmion Uranium Project by a further 37% to a total of 343km² through the application for tenements EL31/751 & 752, and PL31/1769 to 1771.
The four sample sites (see attached map) where selected on the basis of the highest uranium radiometric anomalies taken during previous aeromagnetic surveys over the tenure. Each sample site was scanned
with a scintillometer (a scientific instrument used to measure radioactivity) and readings of up to 600 total counts per second (cps) were generated at one of the sites. These readings are positive indicators for near surface uranium mineralisation.
The new tenure on the eastern side of the project is highly prospective for palaeochannel/sedimentary type uranium deposits (eg, Mulga Rocks -10.8 Million Tonnes @ 1,400ppm U3O8) and uranium in surficial (near surface) deposits hosted in calcrete (eg, Yeelirrie deposit -35 Million tonnes @ 1,500ppm U3O8) and/or lake sediments.
The sampling program will continue on the Lake Marmion Uranium Project over the coming months until the tenure is granted and drilling is ready to test the areas with the best potential for discovering both the near surface and the palaeochannel/sedimentary type uranium mineralisation."
(Not holding)
bigdog
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Re: HCY - Halcyon Group
ASX announcements have not done much to improve the SP recently!!
However the SP is now up 10% after today's ann
HCY $0.022 +$0.002 +10.00 7,859,192 shares $164,036
05-Feb 10:58:58
Here is today's ASX ann
HCY 10:43 AM Commencement of Lake Marmion Uranium Sampling Program
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00690571
COMMENCEMENT OF LAKE MARMION URANIUM SAMPLING PROGRAM
The Directors of Halcyon Group Ltd (ASX: HCY) are very pleased to announce that the Company has begun sampling the surface uranium radiometric anomalies on the tenure applied for to date on the Lake Marmion Uranium Project (located ~130kms north of Kalgoorlie in Western Australia). The first four sites have been scanned with a scintillometer, with the most radioactive areas sampled by hand auger with results expected shortly.
In addition, the company has also increased the size of its 100% owned Lake Marmion Uranium Project by a further 37% to a total of 343km² through the application for tenements EL31/751 & 752, and PL31/1769 to 1771.
The four sample sites (see attached map) where selected on the basis of the highest uranium radiometric anomalies taken during previous aeromagnetic surveys over the tenure. Each sample site was scanned with a scintillometer (a scientific instrument used to measure radioactivity) and readings of up to 600 total counts per second (cps) were generated at one of the sites. These readings are positive indicators for near surface uranium mineralisation.
The new tenure on the eastern side of the project is highly prospective for palaeochannel/sedimentary type uranium deposits (eg, Mulga Rocks -10.8 Million Tonnes @ 1,400ppm U3O8) and uranium in surficial (near surface) deposits hosted in calcrete (eg, Yeelirrie deposit -35 Million tonnes @ 1,500ppm U3O8) and/or lake sediments.
The sampling program will continue on the Lake Marmion Uranium Project over the coming months until the tenure is granted and drilling is ready to test the areas with the best potential for discovering both the near surface and the palaeochannel/sedimentary type uranium mineralisation.
ASX announcements have not done much to improve the SP recently!!
However the SP is now up 10% after today's ann
HCY $0.022 +$0.002 +10.00 7,859,192 shares $164,036
05-Feb 10:58:58
Here is today's ASX ann
HCY 10:43 AM Commencement of Lake Marmion Uranium Sampling Program
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00690571
COMMENCEMENT OF LAKE MARMION URANIUM SAMPLING PROGRAM
The Directors of Halcyon Group Ltd (ASX: HCY) are very pleased to announce that the Company has begun sampling the surface uranium radiometric anomalies on the tenure applied for to date on the Lake Marmion Uranium Project (located ~130kms north of Kalgoorlie in Western Australia). The first four sites have been scanned with a scintillometer, with the most radioactive areas sampled by hand auger with results expected shortly.
In addition, the company has also increased the size of its 100% owned Lake Marmion Uranium Project by a further 37% to a total of 343km² through the application for tenements EL31/751 & 752, and PL31/1769 to 1771.
The four sample sites (see attached map) where selected on the basis of the highest uranium radiometric anomalies taken during previous aeromagnetic surveys over the tenure. Each sample site was scanned with a scintillometer (a scientific instrument used to measure radioactivity) and readings of up to 600 total counts per second (cps) were generated at one of the sites. These readings are positive indicators for near surface uranium mineralisation.
The new tenure on the eastern side of the project is highly prospective for palaeochannel/sedimentary type uranium deposits (eg, Mulga Rocks -10.8 Million Tonnes @ 1,400ppm U3O8) and uranium in surficial (near surface) deposits hosted in calcrete (eg, Yeelirrie deposit -35 Million tonnes @ 1,500ppm U3O8) and/or lake sediments.
The sampling program will continue on the Lake Marmion Uranium Project over the coming months until the tenure is granted and drilling is ready to test the areas with the best potential for discovering both the near surface and the palaeochannel/sedimentary type uranium mineralisation.
Re: HCY - Halcyon Group
I feel that HCY's nickel and copper projects are worth around 2c per share already and the speculative upside will come largely from its uranium side.
This stock has disappointed investors greatly in the past and its U turn deserves a bit of a rethink by traders. HCY also recently completed a placement raising another $1.6 million less expenses.
With Mr Radonjic as one of its directors, the ship is in good hands. For anyone doubting his ability look at what happened recently to VMS, a very nice rise there.
DYOR
I bought back into HCY this morning, just a small parcel of 500,000 shares. HCY is currently taking samples from its Lake Marmion Uranium Project and it will be very interesting to see the results as its lease is in a very prospective area for uranium. It is very interesting to note that HCY is seeking more uranium ground.bigdog said:
I feel that HCY's nickel and copper projects are worth around 2c per share already and the speculative upside will come largely from its uranium side.
This stock has disappointed investors greatly in the past and its U turn deserves a bit of a rethink by traders. HCY also recently completed a placement raising another $1.6 million less expenses.
With Mr Radonjic as one of its directors, the ship is in good hands. For anyone doubting his ability look at what happened recently to VMS, a very nice rise there.
DYOR
bigdog
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Re: HCY - Halcyon Group
ASX ann today Feb 27
HCY 10:52 AM JV to Drill Priority Nickel Sulphide Target at Bardoc
-- with MRE Minaro with approval to drill five holes
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00697372
ASX ann today Feb 27
HCY 10:52 AM JV to Drill Priority Nickel Sulphide Target at Bardoc
-- with MRE Minaro with approval to drill five holes
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00697372
Re: HCY - Halcyon Group
DYOR
I stuck my head out yet again and have purchased another 2 million shares in HCY at an average of 1.65 cents. Last sale was at 1.8 cents. Call it brave or foolish I just feel today's action is just a correction before the main game continues. I was speaking to Mr Radonjic, MD, yesterday and he said that the results of the uranium samples taken at is Lake Marmion Uranium Project will be released shortly. I'm hoping that they will be very good. Following what happened to VMS's share price under his direction as MD, that there will be a positive spin off effect (not today) on HCY.greggy said:
DYOR
