pog, page-5

Have a look at the volume traded today? Small amounts dumped by a few punters who have been spooked into selling on the cheap.

POG is $1000 AUD, so I don't understand the logic, why sell your gold shares when it's the only safe haven left during these volatile times. If rates are dropped expect Gold to react in a big way.

I've spoken to Philip Bruce a couple of times and he is a determined character who has massive aspirations for this company and very confident of making HEG a mid tier gold producer.

Remember this stock is fully funded with over $12million in the bank and another $15million on the way in September 2008. HEG has a knack of rewarding it's shareholders with impressive high grade gold results and I must admit the HEG share price was looking very bullish until the latest sub prime write off's spooked the entire market.

So I'm not sure what the next few days will bring however I expect HEG to bounce back harder then most of the other players. Plenty in store for HEGers in 2008.

Regards