Australian (ASX) Stock Market Forum

SHE - Stonehorse Energy

Re: HCY - Halcyon Group

hi greggy..well the market always knows b4 we do and the U results werent anything really...HCY has to really do something about its capitalisation(ie reconstruction of capital)IMO and then maybe it can move...its been a good trader but need to buy in at .013 or .014 for decent profit...goodluck:)

Hi Petee,

I actually liked the fact that there are so many shares on issue. It males it easier to get in and out of a stock.
DYOR
 
Re: HCY - Halcyon Group

Anyone know when the Uranium drill results are due out? Volume up today...i noticed one order of 5 million shares trade...SP been sitting at this 1.6 - 1.8c level for a long time now....

There was talk on HC about some lady that researches specky stocks and HCY was in her top 20 for breakout potential....Has anyone got any more info on this?
 
Re: HCY - Halcyon Group

Anyone know when the Uranium drill results are due out? Volume up today...i noticed one order of 5 million shares trade...SP been sitting at this 1.6 - 1.8c level for a long time now....

There was talk on HC about some lady that researches specky stocks and HCY was in her top 20 for breakout potential....Has anyone got any more info on this?

Perhaps reason for volume increase was ASX ann today

HCY $0.02 +$0.003 +17.65% 47,756,313 shares $892,833 @ 22-Jun 15:54:25

22/06/2007 KAL's ann: Norseman Gold Project Gathers Momentum
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00732391

22 June 2007
NORSEMAN GOLD PROJECT GATHERS MOMENTUM
Highlights
• Receives $1.75 million cash from sale of uranium assets
• Agrees to sale of Siberia Project to Halcyon Group
• Significant cash realised to fund exploration of the Norseman Gold Project
Kalgoorlie-Boulder Resources Limited (the “Company”) is pleased to announce the receipt of $1.75 million cash pursuant to the sale of its uranium and related assets to Burey Gold Limited (“Burey Gold”).

The sale also involves the receipt of 2 million freely tradeable Burey Gold shares. These shares are expected to be received in the near future, subject to any necessary consents and approvals.

The Company has also agreed the sale of its 100% owned Siberia Project to Halcyon Group Limited (“Halcyon”) for $45,000 plus a royalty.

The sale of the Company’s uranium assets and the Siberia Project represent important components of the Company’s new strategic focus on its 1.23 million ounce Norseman Gold Project.

The agreements deliver $1.795 million in cash for the Company to bolster its cash reserves. These funds, and the expected cash flow from the final milling of ore from the Jackpot Mine, position the Company strongly for the aggressive exploration drilling programme now underway at the Norseman Gold Project.

The Siberia Project covers tenements M24/646, 802, 807, 808, 839 and 863 and P24/3506 and 3507. The Siberia Project sale agreement provides for Halcyon to pay the Company $45,000 (plus GST) and for Halcyon to pay a royalty of $1 per tonne of gold bearing ore mined and treated as well as a 1% net smelter royalty on all nickel and base metals produced from the Siberia Project tenements.
 
Re: HCY - Halcyon Group

HCY gets a speeding ticket ! IMO that is ridiculous,these small number stocks quite often fluctuate a couple of points,and of course the volume would be high
trading at 0.17 Not a CDU happening here.Market is cetainly on a hair trigger lately:eek::eek::eek::eek:
 
Re: HCY - Halcyon Group

Has anyone got news on this share? Why has been there been heavy turnover? Does anyone know about the Norseman project?
 
Re: HCY - Halcyon Group

ASX announcement today
http://www.asx.com.au/asxpdf/20070712/pdf/313dyhmlcnrtzx.pdf

SP has been increasing over past days!!
Today HCY $0.029 +$0.002 +7.41% with a high of $0.032 43,963,829 shares $1,300,174 @ 12-Jul 16:10:18

REVIVAL!!!!!!!

NEW MD TO LEAD HALCYON REVIVAL
ASX Announcement & Media Release
12 July 2007

Halcyon Group Limited has launched a revival strategy with the appointment of experienced operations manager Iggy Tan as the Company’s Managing Director.

Chairman of the Perth-based junior explorer, Craig Readhead says Mr Tan will implement major changes to the Company’s direction.

“The recruitment is a key step in the Company’s plan to take a more direct role in nickel exploration and production” he said “He will be a great asset for Halcyon - a proven performer with marketing and business development experience who will give us leadership as we aim to move from exploration to mining and production”, said Mr Readhead.

Mr Tan has worked with SCM Chemicals, Sons of Gwalia, Westlime, Iluka Resources, Imdex Minerals and Metals X.

His responsibilities have included the commissioning and operations management of several significant mining and processing projects in Western Australia.

His latest role was Executive General Manager of Metals X Limited, a Tin and Nickel mining and exploration company.

He was General Manager Operations for Iluka Resources’ most productive mineral sands operations at Eneabba, and Geraldton from 2000`to 2004 During his time at Iluka, he won the Prime Minister’s Community and Business Partnership award for industry commitment to local communities in WA.

Mr Tan is a former Chairman of the Western Australian Chamber of Minerals and Energy’s Murchison Regional Council.

Mr Readhead said the Company will look to develop an exciting growth strategy based around nickel exploration and production.

Current Managing Director Andrew Radonjic, will hand over the reins of the company this week and remain on the Halcyon Board as Non Executive Director. Mr Radonjic was instrumental in building the mineral exploration assets of the junior exploration company based on his extensive knowledge of the geology and prospectivity of the regions targeted by Halcyon. This work combined with the Company’s exploration database formed the basis of the Company’s Bardoc, Lake Marmion and Mount Pleasant projects.

Mr Readhead said that Mr Radonjic’s commitment and dedication to Halcyon’s establishment had provided an excellent
platform for development.
 
Re: HCY - Halcyon Group

150M shares traded in 5 days price increase from 2.4 to 3.2 cents in the same period, this is not the type of movement in a stock that is due for the appointment of a new CEO. This is a smoke screan, waiting for the real good news or what does the announcement not say is what the new CEO brings to the comapny, which will be the next announcment. If my broker has got a target of 5 cents on this one in the next month there must be something else, anyone got any ideas??
kind regards
Ang
 
Re: HCY - Halcyon Group

For Inore,
"There was talk on HC about some lady that researches specky stocks and HCY was in her top 20 for breakout potential....Has anyone got any more info on this?"

I'm brand new to this site, just seen your message.
The "lady" will be Cath Davey who does a piece for InvestorWeb. Purely chart-based stuff. In May she produced a list of her top twenty "penny dreadfuls/wonderfuls". HCY was one of those. "close above 2.8c .... preliminary bullish sign. Close above 4.5c ...confirm big mover status. With all time highs above $2 the future could be amazing for this stock".

cheers
 
Re: HCY - Halcyon Group

For Inore,
"There was talk on HC about some lady that researches specky stocks and HCY was in her top 20 for breakout potential....Has anyone got any more info on this?"

I'm brand new to this site, just seen your message.
The "lady" will be Cath Davey who does a piece for InvestorWeb. Purely chart-based stuff. In May she produced a list of her top twenty "penny dreadfuls/wonderfuls". HCY was one of those. "close above 2.8c .... preliminary bullish sign. Close above 4.5c ...confirm big mover status. With all time highs above $2 the future could be amazing for this stock".

cheers

Thanks CDG...i see HCY is consolidating in the mid twenties which may make it a good time to buy allthough i'm not sure if the volume has been up there...trouble with HCY is they allways chase the latest trend in mining...so it seems hard to make a good point to buy them cos they dont seem to be building up exploration just jumping from one mineral to the next....i wouldnt mind a little wager that their next move may be into iron ore as its the flavour of the month...:cautious:

(not holding)
 
Re: HCY - Halcyon Group

Two ASX ann today

Current SP HCY $0.028 +$0.001 +3.70% high of $0.028 and low of $0.026 6,228,671 shares $168,950 @ 31-Jul 15:00:42


31/07/2007 Fourth Quarter Activities Report
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00744002

SIGNIFICANT EVENTS DURING QUARTER
  • Halcyon launches revival strategy with the appointment of a new Managing Director, Mr Iggy Tan an experienced operations manager in the WA resources sector
  • New management team will implement major changes to the Company’s direction
  • Company will look to develop an exciting growth strategy based around nickel exploration and production
  • The main tenement at the Lake Marmion Uranium Project (208 km²) 130 kilometres north of Kalgoorlie has been granted. The Company has commissioned a gravity survey and a surface sampling program both of which are due to commence shortly

On July 12 the Company embarked on a revival strategy with the appointment of a new Managing Director to implement a more direct role in Nickel exploration and production.

Activities during the past quarter continued to focus on the high valued commodities of Uranium (+A$320,000/t), Nickel (+A$39,000/t) and Gold (+A$770/oz) within the company’s portfolio of mineral assets. The program focused on three key projects –
- the grant of the main tenement at the Lake Marmion Uranium Project 130 kilometres north of Kalgoorlie in Western Australia,
- a re-evaluation of priority nickel sulphide targets on the Bardoc project 50 kilometres north of Kalgoorlie as part of the joint venture with Minara Resources Ltd earning up to 70% of the project nickel rights,
- interesting gold results from the Nickel Sulphide drilling program at the Bardoc Project.

31/07/2007 Fourth Quarter Cashflow Report
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00744001

Cash at end of quarter $1,359,000
 
Re: HCY - Halcyon Group

SP and volume are looking very good today with high of $0.032 (up 23%)

Currently HCY SP is up 19.23% today
HCY $0.031 +$0.005 +19.23% with high of $0.032 and low $0.027 18,833,097 shares $555,097 @ 02-Aug 12:05:50
 
The Halcyon revival is happening thanks to infrastructure!

Halcyon is a terrific share..Ive been watching this share for over a year. And i bought in a 2.3 cents..Not only they have a abundant amount of resources, what got me, when I closely examined this company, is that the tenement is directly on a railway line..This is great if they have a JV with Minara. Infrastructure is very important when you have a mine as many junior explorer mining companies have nothing to stand on. Question which much been answered ?
How are you going to get workers out to your mining property?
How are you going to accomodate them, and how are you going to freight the Ore?..These questions have been already answered with their tenement being so close to Kalgoorlie..The turnover is increasing and its quite possible their could be a nice big breakout...Watch this space.
 
Re: HCY - Halcyon Group

Halcyon Group is on the move today again currently up 23%

Reached high of $0.038 today

HCY $0.037 +$0.007 +23.33% high of $0.038 and low of $0.032 39,673,752 shares $1,381,782 03-Aug 14:24:34
 
Re: HCY - Halcyon Group

ASX ann today

HCY $0.035 -$0.005 -12.50% high of $0.039 $0.033 37,760,187 shares $1,361,545 @ 07-Aug 13:16:36

07/08/2007 Halcyon Acquires Uranium-Nickel Project
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00746272

Highlights
• Halcyon acquires Goongarrie East Project, expanding the Company’s uranium and nickel interests in the Goldfields region

• The 366 km² tenement area, acquired from Monarch Gold Mining Company Ltd, is adjacent to the Halcyon’s Lake Marmion Uranium Project

• The area is prospective for palaeochannel/sedimentary type uranium mineralization

• In addition, the Goongarrie East Project contains the interpreted northern extension of the ultramafic belt that hosts the Black Swan/Silver Swan Nickel Sulphide Deposits

The Company acquired 100% of 318 km² of the tenement (all of which is granted) from Monarch Gold Mining Company Ltd for the sum of $50,000 (plus GST) and a 2% Net Smelter Royalty on mineral production. Halcyon recently applied for the remaining 48 km² of the tenement.
 
Re: HCY - Halcyon Group

hey i just came across something, and thought i would post it up.. :)

its from the TOP 20 list of DRAGON MOUNTAIN GOLD LIMITED (DMG)
a gold exploration company just released to the ASX last week...and what do u know sitting in at position 18 is HCY!! WOOoo

RANK UNITS %I/C
18th HALCYON GROUP LIMITED 1,232,560 0.76

and released at 40c a share, it seems HCY were willing to invest ~$500,000

might i add i hold both :)
 
Re: HCY - Halcyon Group

Halcyon have upcoming drillings results around Norseman. Should be interesting! This area is abundant in gold.
 
Re: HCY - Halcyon Group

Announcement

"Expands Assets in World Class Nickel Laterite Province"

Was having a look, they have some interesting projects coming up and IMO were probably begining to move when the markets started to take correction.

Will be interesting to see what happens now
 
Re: HCY - Halcyon Group

21/08/2007 Expands Assets in World Class Nickel Laterite Province
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00750417

HALCYON EXPANDS ASSETS IN WORLD CLASS NICKEL LATERITE PROVINCE

Highlights
• Halcyon Group has acquired nickel rights at Siberia, in WA’s Eastern Goldfields, building on the Company’s nickel interests in the region
• The area is part of the highly prospective Nickel Laterite Walter Williams Formation
• Halcyon’s new holdings are adjacent to former WMC tenements and along strike to the Norilsk Cawse Nickel Operation
• Drilling will commence within the month as part of an extensive exploration program


Halcyon Group Ltd (ASX: HCY) has acquired the nickel rights at Siberia, 70 kilometres north, northwest of Kalgoorlie, from Monarch Gold Mining Company Ltd (ASX: MOR).

The Company will begin drilling the prospect next month as part of the Company’s strategy to take a more significant role in nickel exploration and production in the area.
 
Re: HCY - Halcyon Group

Halcyon have rebounded nicely with stronger mineral prices particularly with gold now over 701 bucks an ounce..Its heading into new stronger territory..Uranium stocks should rise with this new deal with Putin and Japan now seeking to secure their own agreement. Its interesting to note that they are building 32 Nuclear reactors as we speak with another 288 around the world planned. The outlook for Uranium prices is definately Bullish.. Im certainly holding onto HALCY with this mining boom..Would be good to see them present at the Mining Investment seminar in Sydney this weekend..

:band
 
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