Hudson River Minerals Ltd fka HRM

[~ Blue ~]

HRM.V new DD must read

Hudson River Minerals - 39.4 million shares. Market Cap $3.16 million

http://www.google.ca/finance?q=CVE:HRM

Cash on Hand - At September 30, 2011, the Company had cash and cash equivalents and restricted cash of approximately $363,000.

all warrants/options higher than current SP. Majority in the 20-30 cent range.

#1 HRM Insiders/Directors hold 24% of float.

CEO owns over 2.9 million shares. Last purchase on Dec 30 for 342,000 shares (.07)

an insider purchased 1.2 million shares January 25.

CEO - Stephen Balch (BSc, Applied Geophysics), has over 25 years of experience in mineral exploration as a geophysicist and is considered one of Canada’s leading experts on geophysical techniques used to identify nickel-copper sulphide and platinum-group-element deposits. He has extensive experience with Inco Limited in the Sudbury Basin and at Voiseys Bay and has consulted to a number of major and junior explorers including Falconbridge Limited, Anglo American Canada, Lonmin plc and FNX Mining Company Ltd.

Mr. Balch was President of Aeroquest Limited, helped in the development of the AeroTEM airborne time domain electromagnetic system and helped take Aeroquest International Limited public (AQL:TSX) in 2004. Mr. Balch founded Hudson River in 2008 and took the company public in 2010.

#2 HRM owns 5 properties McFaulds Lake #1, McFaulds Lake#2, Glenrock, Zarn Lake, Michipicoten Properties.

Forge Lake (Michipicoten Properties) purchased in Nov. 2011 seems to be the most exciting play at the moment.

At Forge Lake, the Company has commenced its exploration activity with a 1.2 km drill program to confirm historic gold intersections reported by Amax Minerals including 68.2 g/t Au over 4m in hole 927-01-70 and 8.7 g/t Au over 5.0 m in hole 927-01-45. A historic (non 43-101 compliant) resource of 170,000 tons was reported in 1943 after which a small amount of ore (8,000 tons) was mined at a reported grade of 9.5 g/t Au. The known gold mineralization at Forge Lake is shallow with all intersections occurring within the upper 150 m.

Judging by the drill results, IMHO mineralization is open in all directions.

the Company holds 16.73 square kilometers pursuant to the Michipicoten Agreements (4.0 sq km at Hawk Junction, 7.17 sq km at Forge Lake and 5.56 sq km at Otter Pond). These holdings are located on an aggregate of 18 grid claims or parts thereof



#3 Trading History - 31 times in History has HRM traded more than 200k shares in a day. Range of 4-17 cents.

Last 3 days trading

21,589,765 0.045-0.14

3,737,693 0.075-0.12

260,500 0.075-0.08

Hudson River did trade over 8.4 million shares on March 24,2011 after announcing completion of a private placement with IBK Capital Corp for $425k