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SHE - Stonehorse Energy

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I am not a chartist.

I own HCY and want to sell, however, I looked at the charts today and I thought they looked bullish so decided to hold. Can someone please offer an opinion on the charts.


Bingo
 
Re: HCY - Does the chart look Positive?

I've never thought much of using tech analysis for stocks as cheap as this one trading such low volumes. I don't mind trading breakouts on good volume, but on this stock the break out has already happened, volume has dropped off and its fallen into a new trading range. That said, MACD is bullish, but I don't think it means too much.
 

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Re: HCY - Does the chart look Positive?

A bit more.
 

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Re: HCY - Does the chart look Positive?

I guess I'm going to have to discuss things with my data supplier. Thanks for letting me know.
 
Re: HCY - Does the chart look Positive?

Closed at 2.7c so based on tech/a's chart looks bullish. I will hold a bit longer.


Bingo
 
Re: HCY - Does the chart look Positive?

There are 57 Million options exercisable at 3c by 31 March 2005. I wonder if they are being pushed to get these exercised.

Bingo
 
HCY - Halcyon Group

The new high grade discovery of gold at the bardoc project should bring gold reserves up over 1 million oz..stock still low after a few great announcements..anyone have any news on this gold play??
 
Re: hcy Halcyon Group

petee said:
the new high grade discovery of gold at the bardoc project should bring gold reserves up over 1 million oz..stock still low after a few great announcements..anyone have any news on this gold play??

Why would you even be looking at this dog? You would have lost half of your money in a year if you had invested in it and there are no signs at all of it recovering.
 
HCY re.. Nickel discovery

Folks watch Halcyon Group(HCY) with yesterdays news of new nickel discovery with joint venture partner Minara resources(previously Anaconda Nickel)..good buying support and can move well with also a large copper discovery and gold and uranium potential..any comments and ideas please as really want to get into this one b4 it hits blue sky/??
 
Re: HCY - Halcyon Group

Had a look at Halcyon a few months ago. Love the ex-tech wreck companies that get into mining for a quick buck or is it to justify their own existence using your money? A kazillion shares and some ramped up announcements based on nothing. Having said that I dont know if they have in fact found something recently or that their price might skyrocket - but buyer beware, a true spec.
 
Re: HCY

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:
 
Re: HCY

yeah its been a while since an announcement on their nickel jv...they just keep regurgitating their copper drill results...surely with the amount of exploration cash that minara has ploughed into the jv they would be keen to get the ball rolling one way or another... i've had HCY shares on and off for a while now...reasonably unusual for such a large singular purchase like this without an announcement...
 
Re: HCY - Halcyon Group

HCY just applying for uranium tenure...plenty of risk but look at the price/prize
 
Re: HCY - Halcyon Group

Todays ANN

Monday 16 October 2006
Company Announcements Office
Australian Stock Exchange Limited

URANIUM APPLICATION ADJACENT TO 5,430PPM U3O8

The Directors of Halcyon Group Ltd (ASX: HCY) are pleased to announce that the Company has applied for tenure containing the same drainage channel that nearby had trench sampling assay up to 5,430ppm U3O8. These samples were taken during the last surge in Uranium exploration activities (in the late 1970s) when the price was last over US$40/lb U3O8, there has been little activity since during lower commodity prices but today the price is now over US$55/lb U3O8.

The Company has named the 100% owned tenure (ELA29/634-area of 208 km²) the new Lake Marmion Uranium project, which is located ~130kms north of Kalgoorlie in Western Australia. Halcyon believes that the Lake Marmion Tertiary drainage channel is highly prospective for Uranium in calcrete
type deposits such as the world class Yeelirrie deposit (35 Million tonnes @ 1,500ppm U3O8) to the north.

During the last exploration phase the Lake Marmion area was subjected to heavy unseasonal rains which restricted access for conducting ground radiometric scintillometer surveys which were designed to follow-up anomalies from airborne surveys. Most of the project area is unexplored due to the regular coverage of shallow water and present day sand/silt which masks any potential radiometric responses from airborne scintillometer surveys therefore negating the likelihood of any follow-up exploration activity.

From the previous airborne radiometric scintillometer surveys the Uranium responses where converted into contours to highlight anomalous areas for drill testing. As shown in the attached maps the continuation of the anomalies where the 5,430ppm trench sample was taken trends along the eastern shore line of Lake Marmion into Halcyon’s ground where no exploration has been conducted.

Previously a restricted (partially due to water coverage) program of Auger drilling to a maximum depth of 3.2m was used to follow-up the trench samples with only the top 1.0m of each hole assayed, this returned a best result of 800ppm U3O8.

Halcyon believes the project area remains essentially untested for calcrete hosted Uranium deposits and will commence ground radiometric scintillometer surveys and follow-up drill testing (with drill rigs designed for lake exploration) immediately upon granting of the tenure.


Kind regards
HALCYON GROUP LIMITED
Andrew Radonjic

www.halcyongroup.com.au

MANAGING DIRECTOR
 
Re: HCY - Halcyon Group

Hey realist, hope the same happens to HCY as happened to MRE, I bought some HCY about a month ago not to many though. I closed my MRE CFDs last friday along with MCR CFDs porkpie
 
Re: HCY - Halcyon Group

porkpie324 said:
Hey realist, hope the same happens to HCY as happened to MRE, I bought some HCY about a month ago not to many though. I closed my MRE CFDs last friday along with MCR CFDs porkpie

Yeah I hope so. MRE is over 130% from what I bought it at. Still holding.

I still hold HCY up 0.001 today. :eek:
 
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