Exploring for Molybdenum/Copper/Gold assets

Engaged in the Acquisition and Development of Mineral Properties

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Message: a few thoughts

a few thoughts

posted on Oct 09, 2007 11:37AM

New to this forum. I currently can't trade HIHO as my online broker does not do CNQ trades.

Certainly a TSX listing will give HIHO much more visibility and credibility and it would supercede any need for a US listing. I understand they were looking at a NASDAQ listing but decided to go straight to the TSX to keep things simple.

Another thought and I may be missing something but comparing HIHO to other Moly exploaration companies like TJS ...

HIHO market cap is $20 million (approx) vs TJS $25 million (Approx) and about $33 million f/d.

TJS has an infered resource of 448 million tonnes similar grade to hiho ... plus 2 gold properties and another large moly property with historic resources (non 43-101).

comparing the 2 on the surface, TJS seems much farther advanced esp on the one property with a 43-101 inferred resource ... yet the values are similar.

Am I missing something?

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