Australian (ASX) Stock Market Forum

SHE - Stonehorse Energy

Re: HCY

Realist said:
I own some HCY.

Someone was telling me the other day there'll be some big news soon.

Search for HCY - there is another thread on it!

volume of 3.5M today. up to .015 nothing too exciting... :confused:
yesRealist what u heard is correct..the news today about the Uranium is only the beginning for HCY..there is plenty more to be announced including the Minara JV and the copper gold as well..the Minara JV will be up and running short term as the infrastructure is in place to transport high grade ore to the murrin murrin plant..cheers all
 
Re: HCY - Halcyon Group

Pete,
One other benefit of holding HCY vs DYL is that no-one is ramping the stock!
 
Re: HCY - Halcyon Group

hector said:
Pete,
One other benefit of holding HCY vs DYL is that no-one is ramping the stock!
no need to ramp HCY..let the market do its job :) ;)
 
Re: HCY - Halcyon Group

Anyone still holding this one? I'm thinking of jumping in with a fair bit of money. It's a bit of punt, but I feel there may be some good news around the corner!

Any thoughts?
 
Re: HCY - Halcyon Group

watsonc said:
Anyone still holding this one? I'm thinking of jumping in with a fair bit of money. It's a bit of punt, but I feel there may be some good news around the corner!

Any thoughts?
shhhhhhhhhhh
don't tell anyone
it's got to be a secret
(or it's ramping, ok!)
 
Re: HCY - Halcyon Group

watsonc said:
Anyone still holding this one? I'm thinking of jumping in with a fair bit of money. It's a bit of punt, but I feel there may be some good news around the corner!

Any thoughts?
what do u call a fair bit of money???im definately holding my stock tho only just over 2million as this one has so much going for it..put them away in the bottom drawer..news will just keep getting better
 
Re: HCY - Halcyon Group

watsonc said:
What do guys make of the news today?
lol i just think a very standard AGM resolutions..if ur not willing to take a risk my dear Watson regarding HCY hehe then maybe investment in RIO,BHP or ANZ etc may be the one for u hehe..remember high return high risk,low return low risk hehehe..seems to me ur not really a speculator :eek: and i suggest a spec investment might keep u awake at nights hehe
 
Re: HCY - Halcyon Group

watson...me thinks they are just trying to gain access to funding for any uranium exploration if they get the lease....
 
Re: HCY - Halcyon Group

INORE said:
watson...me thinks they are just trying to gain access to funding for any uranium exploration if they get the lease....
LOL check all the resolutions in all the AGM notices of mining companies yesterday..they all have the same resolutions its standard practice..the beauty of HCY is that they have very little downside haha hence the price and good projects ahead..i made a slick 40K last year on HCY in at .013 out at .26 but now i wont be selling as the company has moved into a different category with Uranium and the Ni tests out soon.
 
Re: HCY - Halcyon Group

Petee,

Can you please provide your valued opinion of todays ASX page five ANN?

Sounds very good.

http://www.asx.com.au/asxpdf/20061031/pdf/3zbvwfspqj416.pdf


2006 ANN accounts issued Sept 29 2006 reports:
-- revenue increasing $78000 to $290000
-- net loss reduced from $237000 to $113000
-- net assets have increased from $3.0 to $5.0 million
-- current assets increased from $683000 to $1058000 including cash of $669000
-- current liabilities total $281000

http://www.asx.com.au/asx/research/...archBy=asxCode&allinfo=&asxCode=hcy#headlines
 
Re: HCY - Halcyon Group

bigdog said:
Petee,

Can you please provide your valued opinion of todays ASX page five ANN?

Sounds very good.

http://www.asx.com.au/asxpdf/20061031/pdf/3zbvwfspqj416.pdf


2006 ANN accounts issued Sept 29 2006 reports:
-- revenue increasing $78000 to $290000
-- net loss reduced from $237000 to $113000
-- net assets have increased from $3.0 to $5.0 million
-- current assets increased from $683000 to $1058000 including cash of $669000
-- current liabilities total $281000

http://www.asx.com.au/asx/research/...archBy=asxCode&allinfo=&asxCode=hcy#headlines
well John im continuing to hold as i believe the projects they have are excellent..patience i think will be rewarded.especially now they have the rights for the uranium leases in highly prospective area..at the moment im waitingMinara/Halcyon joint venture MMI scans of the nickel sulphides..should be out anytime soon..cheers
 
Re: HCY - Halcyon Group

Peter,

What is the connection of HCY with Minaro (MRE)?

The SP of MRE has increased from $1.89 Dec 30 2005 to currently $5.40 (285% increase)

Should the HCY SP be effected by the MRE SP and by how much?
-- the Dec 30 and current SP is 0.13 and 0.014 with little movement!
 
Re: HCY - Halcyon Group

bigdog said:
Peter,

What is the connection of HCY with Minaro (MRE)?

The SP of MRE has increased from $1.89 Dec 30 2005 to currently $5.40 (285% increase)

Should the HCY SP be effected by the MRE SP and by how much?
-- the Dec 30 and current SP is 0.13 and 0.014 with little movement!
Dear John..Halcyon and Minara hold the joint venture Bardoc Nickel deposit..its already at a reasonably advanced exploration stage tho further drilling will be required once the MME scans are released..Minara has murrin murrin nickel deposit nearby connected to bardoc thro rail and infrastructure meaning all ore produced at bardoc will be railed to murrin murrin plant for processing..MRE is a solid producer with excellent cashflows and are keen to get bardoc online to produce more at these historically high nickel prices..dont worry bout the share price as it will be rerated as development occurs..cheers
 
Re: HCY - Halcyon Group

Does anyone know how long M&M scans normally take? Surely they would have the info by now and have to disclose to ASX (good or bad)...?

Surely they would also have some drill results of copper plant...drilling apparently started 2 months ago...

:banghead:
 
Re: HCY - Halcyon Group

INORE said:
Does anyone know how long M&M scans normally take? Surely they would have the info by now and have to disclose to ASX (good or bad)...?

Surely they would also have some drill results of copper plant...drilling apparently started 2 months ago...

:banghead:
if u want to get fast results from scanning "M&M" results then go to the supermarket and grab a pack of the confectionary rack..these r MMI scans and take some time to determine the viability of long term resource..also the copper/gold drilling is followup drilling from the last good results and just relax..time will tell..this isnt a casino
 
Re: HCY - Halcyon Group

er yeah thanx for that sarcasm peatee...the M & M actually stood for metallurgical and mineralogical testwork...
 
Re: HCY - Halcyon Group

INORE said:
er yeah thanx for that sarcasm peatee...the M & M actually stood for metallurgical and mineralogical testwork...
er thanx INORE i didnt realise cadbury M&Ms needed to go thru metallurgical and mineralogical testwork but there u r..the world continues to amaze :) :eek: :cool:
 
Re: HCY - Halcyon Group

Yeah thanks again peetee...your choc full of useful information.

anyway...after reading the last statement of HCY it appears they have allready carried out the MMI testing on a couple of areas which (pending results) will determine drilling in these areas. Which makes me think they would have allready done the MMI tests on the Western Zone and now they are doing M & M testing on core samples. This would probably all fall under a a pre-feasibilty/bankability study which may all be put to MRE for a decision to go ahead for a full feasibilty study and that decision being released to market.


Peetee
A visit to this site and a click on the 'getting started' tab tells me that the turnaround for a typical MMI scan is 3 weeks. Do you know if HCY are using another MMI lab which takes longer than this?

http://www.mmigeochem.com/frwelcome.htm
 
Re: HCY - Halcyon Group

INORE said:
Yeah thanks again peetee...your choc full of useful information.

anyway...after reading the last statement of HCY it appears they have allready carried out the MMI testing on a couple of areas which (pending results) will determine drilling in these areas. Which makes me think they would have allready done the MMI tests on the Western Zone and now they are doing M & M testing on core samples. This would probably all fall under a a pre-feasibilty/bankability study which may all be put to MRE for a decision to go ahead for a full feasibilty study and that decision being released to market.


Peetee
A visit to this site and a click on the 'getting started' tab tells me that the turnaround for a typical MMI scan is 3 weeks. Do you know if HCY are using another MMI lab which takes longer than this?

http://www.mmigeochem.com/frwelcome.htm
not sure what lab they using but sounds like u could be right INCORE..yes sorry bout the choc thing hehe..well i guess the good thing about HCY is they have a number of promising projects and good to be JV with Minara..also the uranium prospects appear very promising even tho early stages..cheers
 
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