InvestorsHub Logo
Followers 1
Posts 240
Boards Moderated 0
Alias Born 06/16/2017

Re: Tinn post# 223

Tuesday, 01/15/2019 6:53:20 AM

Tuesday, January 15, 2019 6:53:20 AM

Post# of 661
Point well taken Tinn.. However I didn't invest in Frank Underhill. Hellix and its founding members still own the property. The gold is still there waiting to be harvested. A junior or senior miner will want it when the price of gold takes off for good. Whether Hellix sells this property, decides to develop it themselves, trades OTC pink or gray market matters not to me. Nothing changes the fact that they have proven deposits waiting to be mined and refined. Underhill and his core investors are not rank amateurs. They have been able to weather the storms of intense naked short attacks for so long bc they are debt free and have a steady income stream from their oil business. Underhill has been in the mining business for over 50 years and is willing to sit on a property for many years if necessary. Over the last 10 years here has been little to no capitol expended by the seniors for the exploration and acquisition of new reserves. They have had a very hard time staying profitable due to the intentional suppression of gold prices. When the price of gold takes off this time there will be a mad rush to acquire fresh reserves. Hellix and others like it will be the prime targets for investment and / or takeover. Its been a long frustrating ride for sure. Over the past 6 years the leverage created by the constant naked shorting of this stock has become huge. Hellix was and still is a speculative play but the risk / reward ratio has become too big for me to bail on them. Best wishes to everyone that still hold this stock. The time is rapidly approaching when we finally find out if Hellix was a bust from the start or a true diamond in the rough.