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Owned HDX once - seemed to be all go until coal miningg took a turn and miners squeezed the contractors margins
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Member
![Quote](images/misc/quote_icon.png) Originally Posted by NZSilver
Owned HDX once - seemed to be all go until coal miningg took a turn and miners squeezed the contractors margins
i Think the tide has finally turned as they now have 90% of their business revenue from tier 1 ( big boys) so they have less competition as tier 1 takes out most of the small operators as the criteria is tough to get these major contracts - thats why MSV have had such success of late and the market will re- rate them soon
YESTERDAY there was some large on market buys of 1-2 million shares so i suspect after their recent investor presentation in Noosa on Friday the people analysing this company now see it as a bit of a cash cow which has been flying unde the radar - the management are highly savvy individuals who know the market and have been able to secure the big contracts like Glencore ![Grin](images/smilies/smile2grin.gif)
P.S now with all the price of gold on the increase and lITHIUM, Zinc, graphite explorers and producers on the rise - MSV now in the box seat to make some serious money as the tide turns in their favour - very smart indeed
GLTA
Last edited by SCHUMACHER; 27-07-2016 at 12:52 PM.
\"if women didn,t exist , all the money in the world would mean nothing\" Aristotle Anasis.
\"The trend is your friend\"
\"A mans reach should always extend beyond his grasp" J.F Kennedy
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Member
Buy depths starting to look interesting and once we clear 2.3c it should run - sellers starting to retreat which is always a good sign and fairly thin up to 3c - as always time will tell
couple of hits at 2.3c and we will be away flying as its previous resistence
Last edited by SCHUMACHER; 27-07-2016 at 01:55 PM.
\"if women didn,t exist , all the money in the world would mean nothing\" Aristotle Anasis.
\"The trend is your friend\"
\"A mans reach should always extend beyond his grasp" J.F Kennedy
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Member
Yes - we have a breakout at 2.3c - should retest 2.8c ![Smile_2](images/smilies/001_smile.gif)
short lived as sellers step in - wan$&$& LOL Confirms my belief that traders are everywhere and investors are outnumbered by pip traders - thank goodness im patient
Last edited by SCHUMACHER; 27-07-2016 at 04:25 PM.
\"if women didn,t exist , all the money in the world would mean nothing\" Aristotle Anasis.
\"The trend is your friend\"
\"A mans reach should always extend beyond his grasp" J.F Kennedy
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Member
Could today be the day we break 2.3C for good !
Looks like its about to fall and if so should run to 2.8c
And we are off !!!!! 2.3c gone- breakout hopefully ![Grin](images/smilies/smile2grin.gif)
this company is well undervalued and should be trading around 6c -8c in terms of NTA (net tangible asset) backing
Last edited by SCHUMACHER; 28-07-2016 at 01:40 PM.
\"if women didn,t exist , all the money in the world would mean nothing\" Aristotle Anasis.
\"The trend is your friend\"
\"A mans reach should always extend beyond his grasp" J.F Kennedy
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Member
Nice one 2.4c now being taken which means if we clear this level it could run up 1c easily and hit 3c - just need a bit more volume ![Smile_2](images/smilies/001_smile.gif)
now first target is 2.8c and if we clear that next major resistence is around 3.8/4c
GLTA
Last edited by SCHUMACHER; 28-07-2016 at 01:54 PM.
\"if women didn,t exist , all the money in the world would mean nothing\" Aristotle Anasis.
\"The trend is your friend\"
\"A mans reach should always extend beyond his grasp" J.F Kennedy
-
Member
and yet again profit takers and traders come in on the sell to slow it down - oh well in good time back to sleep and at least we got through 2.3c which is good sign for now
\"if women didn,t exist , all the money in the world would mean nothing\" Aristotle Anasis.
\"The trend is your friend\"
\"A mans reach should always extend beyond his grasp" J.F Kennedy
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Member
wELL FOLKS - Im just picking winners all over the place - this is why i spend hours researching and researching - bought this at 2.1c and now 3c
it did exactly what i thought it would do and that is break 2.8c within 48 hours
could go anywhere now either retrace and retest 2.8c or continue however considering its friday - profit takers may take their 50% return in 2 days as always time will tell
Last edited by SCHUMACHER; 29-07-2016 at 02:55 PM.
\"if women didn,t exist , all the money in the world would mean nothing\" Aristotle Anasis.
\"The trend is your friend\"
\"A mans reach should always extend beyond his grasp" J.F Kennedy
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