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Hellix Ventures Inc. Message Board

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  • whitesands_8 whitesands_8 Aug 18, 2012 4:57 PM Flag

    If anyone was really listening closely to

    Based on their progress this far if they are ever to go into production it is a LONG way off...There is absolutely nothing to suggest even a plan of production...Even larger companies take a few years to get a mine built only after a feasibility study has been completed which can take up to a year itself...And before the feasibility study they need a resource estimate of some sort and they still need more drilling for that..The other thing is they barely have enough cash right now to do a thorough drilling campaign let alone build a producing mine...For this to take place they need to raise cash which means some kind of debt or share offering..

    Not saying this stock can't go up from here because it can...It will take a huge move in gold to do it..

 
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