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MoneyMan

05/19/12 8:23 PM

#67 RE: MoneyMan #66

HLM neighbor Coventry finalizes $5m placement.

http://coventryres.com/pdfs/IssueOfSecondTrancheOfSharesIn$5MillionPlacement16May12.pdf

A prefeasibility and eventual mine is very good for HLM's West Cedartree property.

They have always stated a regional mine is the goal. Once Coventry gets further along, HLM is going to have a serious property to push to bring in investors. A lot of explorations has taken place on their property and they are in a great position to benefit from the latest developments in the area.