Lash, have you done any numbers on HIG. Some figures I have seen suggest that in its first year of production it will make $75 million in profit (assuming $300 gold price) which isn't bad for a company with a $65 million cap! It should maintain these number for 3 years as it mines the high grade ore (about 60g/t AU) then it will come down a bit as it gets into the lower grade stuff.
Anyway you look at it, its on a p/e of less than 1 once its starts production!
I've got a few gold miners but this is the one I think I will make the most money on.
Good luck with yours.
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