good ann out, gold costs of $us142, page-9

re: oh baby you are so hot! Considering most gold stocks are now fully valued for what they have (some overvalued), HIG is a standout as it is genuinely trading below value.

Of course with poor company history and PNG factor the question of what discount should be applied to value should be asked. That discount is today lower with 1) board approval of the project and 2) landowner concerns addressed.

The gold price is heating up and the instos are hungry for value and a mid cap, low cash cost stock.

HIG could also be a genuine takeover play, again due to its undervaluation. The likes of DRD dont worry too much about PNG (they took over Dome several years ago).

HIG is now a strong buy in my mind, not a sell. Todays trading action is one of those days that tells us to buy - nice rise on big volume. These trading days are usually followed up with good rises. I reckon will we see HIG over 40 within a couple of weeks.

been wrong before though

this is not a ramp, I dont own it yet.

acturtle