Member Info for Legalwolf

Aren't Newmont also going to walk away from Havieron?

This is the pullback that everyone was waiting for. I've added some into it as I'm confident that there is much more upside to come from these levels. GLA

So far it's been quite orderly, which bodes well for an afternoon push towards 20p. This is only the first week that this share has moved and we have another 3 months or so until spud. I have no idea how high this will go, but it will certainly go beyond 20p. That's only a matter of time now.

Lots of buying power this morning. Can't see too many selling out this early, as we have barely got going and 15/16p is way too cheap. Looks like a cup and handle style pullback developing, and so now is a good time for late comers to the party to enter, and for the rest of us to add. All for the next run up into the 20s. All imo and GLA

Anyone getting the feeling we might see an afternoon stampede towards 20p?

I think any initial pullback(s) in HEX will have a LOT of buying support. There are many folk who have been caught out by this initial move, including those who got in early, but were still scaling in or waiting to see if it would fall below 10p. In addition to this, HEX is now be on many new people's radars, as can be seen already by the new entrants and chatter on bb.

Because of the small free float (made even smaller by the fact that at these levels many of the shares will still be tightly held), will this make it more difficult for MM to execute deep tree shakes v having to raise their bids? Especially at these lower levels?

I suspect any pullback in HEX will have a lot of buying support. There are lots of folk who have been caught out by its early move, including those who got in early but were still scaling in. Plus it will now be on many new people's radar as can be seen already. Therefore, it might not be a deep pullback. Small float so tree shakes might well be difficult for MM to execute as well.

Deep - can you share that strategy on the He1 bb in the interests of your new holding in HEX :-)

My 30p is actually conservative, there are Hexers who are predicting 60p to £1 based on the mcap.

He1 also have a credibility issue and obfuscate - after 3/4 drills, it's still not clear if/what they actually have!

Now being quoted 4.4p for £5k and we are only 3 days into May. Expect this to start moving back towards 5p (which would make for a bullish double bottom formation). GLA

I think it's only a matter of when HEX hits 20p. And because the drill is still 3 months away, and it has a very small float, you can easily see it hitting 30p pre drill.

Gosh - into the 16s already and so early in the day. What price are we going to close at today?

Still not too late to get into HEX, but I would buy first thing tomorrow, as suspect it could have a Friday frenzy over there tomorrow!

I wouldn't wait much beyond tomorrow to get into HEX. Sub 15p is like the safe zone to buy, where you know you will end up in profit.

HEX going today caught many off guard. Smart move to let it go today in time for a Friday frenzy tomorrow.

HEX is a new IPO and so there is no oversold scenario. It was pretty strong throughout the day. These are the safe levels to buy at in that you know you will end up in profit eventually, if not straightaway. It would not surprise me at all to see HEX go on the same run that HE1 did during its first drill. HEX can easily move 1 - 2p a day due to the small free float, and once that happens, you get the frenzy like today. If it comes out of the traps quickly tomorrow, then it will take out 15p. Probably why MM let it go today, as there's nothing like a Friday for a strong close to the week. From 15p, you open up 20p as the next target. And because its still 3 months to the drill, and with all the media and ramping to come, you can start to see 30p on the horizon pre drill.

Remember also that HEX has no overhead resistance, as its a completely new chart. No trapped sellers or anything like that. So when it moves, it will move. Exactly the kind of story stock and trend that you want to be in... and EARLY! Just like when He1 launched. It was the story stock of that summer. All imo and dyor

HEX was pretty strong throughout the day. These are the safe levels to buy at in that you know you will end up in profit eventually, if not straightaway. It would not surprise me at all to see HEX go on the same run that HE1 did during its first drill. HEX can easily move 1 - 2p a day due to the small free float, and once that happens, you get the frenzy like today.

If it comes out of the traps quickly tomorrow, then it will take out 15p. Probably why MM let it go today, as there's nothing like a Friday for a strong close to the week. From 15p, you open up 20p as the next target. And because its still 3 months to the drill, and with all the media and ramping to come, you can start to see 30p on the horizon pre drill.

Remember - we have no overhead resistance as its a completely new chart. No trapped sellers or anything like that. So when it moves, it will move. Exactly the kind of story stock and trend that you want to be in... and EARLY!

The only comparison that matters is which one of them will make you the most money as of right now? Is it the company that is more than fully funded, with a Rig sorted, a charismatic team ramping it and a small float of 100 million shares? Or is it the company that has billions of shares in issue, is not funded for its Q3 work, so needs to do another placing (which will add another billion shares to its float) and has a more dour leadership by comparison?

HEX is clearly the better horse to back right now and will deliver the bigger and faster returns in the near term imho.

HEX is fully funded and rigged up ready to go. With a free float of 100 million shares (many of which are in sticky hands), it would not surprise me at all if DM/HEX now goes on the same run that He1 post its IPO. You can easily see HEX bagging (and then some) prior to spud. An opportunity not to be missed.

HE1 will have its day in the sun again, but needs to sort out its financing first. So advantage HEX for me.

I can't even get a quote now for £5k!