HAW - Hawthorn Resources

[frankie_boy]

franky mate, I bought in at 9:30am at 2c for 15k, then 1hr later and the rest of the day it had been sitting on 1.6c a share, and closed at 1.5c..... im in the same boat even though today it finished at 2.4c im still abit upset with my stupid buying skills.

How have you been trading now.. I thought with the latest gold finds it be taking off a bit more, the buyers are there... just not buying..

[albaby]

["Legacy’s Mt Bevan project will likely require significant investment and development to advance Mt Bevan. Legacy has entered into a Memorandum of Understanding with National Mineral Development Corporation (NMDC), and plans to sell up to a 50% equity interest in Legacy, based upon an independent valuation.

NMDC is a Government of India owned public enterprise under the control of the Ministry of Steel, and is India’s single largest iron ore producer, with reported resources in excess of 800 million tonn" ]This news has been great for Legacy +13%,but hasn't rubbed off on haw.The deal to give 60% to legacy for a pittance was a shocker.Al.

[frankie_boy]

Recent Drilling from 15th Aug slowly sent the SP up to 0.021, and declined since. I have not seen any results yet...

[frankie_boy]

Just a Bump. I believe there is a share buyback underway.

[LRG]

Lots of volume lately, holding up well.

Awaiting 100% t/o bid from LCY to be confirmed.

May be worth a punt at these prices?? IMO

[LRG]

Hmm a lot of speculation on this as to whether LCY will bid 100% within the next few weeks?

No one knows, but if they do this will re-rate like a rocket.

They are sitting on a gold mine (well IO anyway).

[frankie_boy]

Hmm a lot of speculation on this as to whether LCY will bid 100% within the next few weeks?

No one knows, but if they do this will re-rate like a rocket.

They are sitting on a gold mine (well IO anyway).

Well not much news in that regard just yet. Sitting.. waiting..

[Goldexplorer]

Just a Bump. I believe there is a share buyback underway.

They have no money to do a buyback.

Where did you get that idea from Frankie???????????????

[frankie_boy]

They have no money to do a buyback.

Where did you get that idea from Frankie???????????????

Sorry I thought I read that somewhere.. Maybe I was misaken.

Its not going anywhere atm. I been looking at unloading but not at present prices

[frankie_boy]

Hawthorn are going into partnership with some Chinese, throwing in 15m to the kitty. More developments to come.

[frankie_boy]

Drilling report for those who are following:



High Grade Gold Intercepts - Edjudins
Drilling Report
09-10-2012
Hawthorn Resources Announces High Grade Gold Intercepts from Edjudins


Hawthorn Resources announced high-grade gold results from recent drilling at its wholly-owned Edjudina project area that confirm earlier reported high-grade results, and further identifies the high grade gold zones that are known to occur within this mineralised field. Latest results include: 2m @ 20.29g/t Au, including 1m @ 39.5g/t Au; and 4m @ 4.28g/t Au, including 1m @ 10.26g/t Au. The drilling and sampling carried out indicates that well defined, high-grade gold lodes exist in this area. Drilling to further define these lodes and potentially identify a mineable high-grade gold resource amenable to open-cut and/or underground exploitation will be carried out in upcoming months.

[LRG]

HAW another resource specie disappointment in 2012

Will it get better in 2013 with a t/o from LCY or will it fizzle even more?

The $64,000 question

We need another SIR

[frankie_boy]

HAW another resource specie disappointment in 2012

Will it get better in 2013 with a t/o from LCY or will it fizzle even more?

The $64,000 question

We need another SIR

SP on the take with the Chinese investment being approved.

[frankie_boy]

SP on the take with the Chinese investment being approved.

Hmm.. this had a bit of a spike then went back to sleep. Not sure what happened.

[frankie_boy]

Hmm.. this had a bit of a spike then went back to sleep. Not sure what happened.

High Grade gold deposit intercepted.. still bubbling along going nowhere..yet..

[Slartibartfast]

Share price lately is making me

Will we receive Tranche 2 from our overseas investors or will it be another Chinese company ripping off an Australian miner???

[frankie_boy]

Share price lately is making me

Will we receive Tranche 2 from our overseas investors or will it be another Chinese company ripping off an Australian miner???

Im a little concerned it could be the later..

[frankie_boy]

Im a little concerned it could be the later..

Well we are back up on the market and go go go. Full steam ahead. Drilling back on track.

Now its a waiting game.