Hillsborough Resources (HLB)

[rrufff]

Would you like to assist? This one is not a momo play so not a lot of interest on IHub. It's more a SI type of pick - the type the Microcap Kitchen people play.

It's a top junior coal miner in Canada, and it was hurt by the fall in energy prices, as well as the environmental issues in coal. However, given the democrats and Bush's new interest in alternatives to oil, this presents an opportunity.

They recently restructured part of the business and combined operations with Anglo coal, a large entity. Last week they PR'd that are developing a new business from the tailings in their operations. This will lead to a new revenue stream. The PR included info about a Canadadian government grant, apparently because this new business makes for more efficient and environmentally friendly cement manufacturing.

In any event, it's quoted as HLB.to and HLSRF.pk.

Insiders have been buying all the way down. There have been some mis-steps, including a written down mine. But these are the type of opportunities that often lead to multi-baggers. Again, it's not a momo play, but, if you take a look at the chart, you see one that easily moves very steeply over a year.