HIG 0.00% 10.5¢ highlands pacific limited

is a bullish flag forming on the chart?, page-2

  1. 8,431 Posts.
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    It's good to see somebody flying the flag for this stock.
    There is a persistent buyer searching for stock but not many shares to be sold - probably Baker Steel adding to their position in relatively small numbers.
    January should be an exciting month with an announcement saying that Ramu commissioning has started and another giving us the resource upgrade for Frieda and maybe a third announcement giving us drilling results from Nong.
    And nickel and copper prices are increasing nicely with gold and cobalt prices at a respectable level but none of them are in a bubble as yet.
    Resource stocks should be the place to be in 2010 and this stock offers exposure to at least three important commodities.
    Top 20 shareholders own over 50% of issued shares making this a tightly held stock.
 
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Currently unlisted public company.

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