Could the secret to success in this game be buying in when the market, or better still a rights issue, is valuing the enterprise at way less than the its tangible asset values ?
Lets hope the celebration of success happens.
If things go belly up I will of course be up for a wake.
Veritas I'm sure, will still stump up for a shout. Dom would maybe be off the list.
Those interested in history might like to know that the origional Hillgrove mine in Armidale has started, under the ownership of red river resources, processing some old tailings with a gold grade of 2.5g/t . Next step for them is to resurrect their abandoned U/G. mines. They have jumped from 5 cents to 27 cents on the back of rising commodity prices and better grades emerging. We could jump from 3.1 to 31 cents in a flash if all goes to plan.
It would be a strange coincidence if both mines come good at the same time after many years of bad experiences.
One has to be a devil for punishment to own shares in both.
- Forums
- ASX - By Stock
- HGO
- Ann: Capital Raising Presentation
Ann: Capital Raising Presentation, page-96
-
- There are more pages in this discussion • 109 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
|
|||||
Last
6.6¢ |
Change
-0.001(1.49%) |
Mkt cap ! $138.3M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.4¢ | $183.1K | 2.816M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 305147 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.6¢ | 25200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 305147 | 0.065 |
6 | 1393277 | 0.064 |
3 | 425888 | 0.063 |
4 | 245887 | 0.062 |
3 | 488500 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.066 | 25200 | 1 |
0.067 | 270107 | 3 |
0.068 | 578194 | 4 |
0.069 | 156907 | 3 |
0.070 | 347377 | 2 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online