Analyst reports, page-4

Hi Peteski,

Share your thoughts, yes its been a dour ride over that time span (coincidentally about the same time as my investment in HGO ), however I have never felt more confident about the actual company fundamentals (ignoring analyst targets - which will probably change numerous times as the company continues to have production success) as I do currently under the guidance of the current management in particular Steve McClare, mine general manager, a bloke who appears to really know his stuff and as importantly, extract the best from his team.
Those of us who are well "under water" with their investment ( most retail investors I suspect) can do no more than have confidence that the board has at last put in place the team that has and is continuing, to turn the fortunes of HGO around. There were some big calls a while back with the replacement of the CEO and the mine manager and biggest of all the move to owner operator which is paying off in "spades".

I might throw out a little prediction here - does anyone else get the feeling that a re financing deal could be just around the corner? I think the possibility was mentioned in one of those last reports.
It would probably give the company better terms on their remaining debt (which any finance provider can see is being paid off steadily now) and also free up the "capital management" strategies (DIVIDEND) to time frames that suit the financial comfort levels and share holder returns strategy of the company.

Gee, I just remembered, when I was lucky enough to attended the site visit with analysts earlier this year, I found myself talking with a rep' from one of the big 4 banks who was there for the purpose of - guess what ? He appeared quite keen that the company ought to look at finance options for a variety of reasons, rather than just being completely debt free.
Anyway, I suspect that the management are all over that and will make the right calls.

All just conjecture on my part of course !! Come on Hillgrove.

GLTA Foyt