Ok, so I'll run the risk of sticking my neck out a wee bit. As its been pretty quiet on HGO posts of late, and I've now had a decent look at the quarterly (which I'd have to say looks very promising) maybe time to consider this-
last months production a record - 2014 tonnes of contained Cu. at an ore grade of .79% and C1 cost dropping substantially from Oct. on - whilst still establishing the ultimate goal of a stable experienced team totally familiar with the project. If the LOM plan, bench models and ore "lenses" shown in the company's presentations are accurate then it would be safe to assume that October's results are likely to be at least matched in the coming months and Qtrs. This could see the company actually out perform its recent guidance (and that of recent analysts reports) perhaps quite their intention, given the need to win back investor confidence!
HGO Price at posting:
9.2¢ Sentiment: LT Buy Disclosure: Held
