Unvarnished info will be shared here.
Would love to hear your opinion on highbank resources(HBK.V)
HBK has a good idea but there is not a lot of romance in gravel. It's true about the quality of the resource but to make gains they will need some very big contracts. The last time HBK was brought up I was still sure they needed a lot of work. On a side note: Zone 2 from HPY was already showing discontinuity. They appear to have hoped to pick it up again. It's good they abandoned that. I don't think it was wise in the first place due to the geology there. Perhaps not that they are focused on the aggregate they will begin to perform. The agreement with First Nations has been dogging the stock. Seeing that cleared is a good sign. From here they should get sales lined up and the sp should go up. Hard to calculate a fair price yet. 24 cents this year? We need to see pipelines etc on the books.
It's glad to see good information being convey. Its a very nice written, and I really like this blog. Thank you for sharing this info.Best Regards,Gurleen Singh
It's good they abandoned that. I don't think it Finance news was wise in the first place due to the geology there.