Time for an update, page-5

I look at many small mining companies.  They are usually small, debt ridden and making big promises on things that never seem to eventuate. Hillgrove after many years, is turning. I think shareholders will be pleasantly surprised when the  3 month activities report comes out. This report should be out by 30 Th Oct. Think it has been a good quarter with increased production. Production will have increased for HGO to get near guidance. Revenue should also be up considerably. I am not brave enough to put a figure on production or revenue, but if you read previous releases, should be able to work it out roughly. Think PHES will be sold by Christmas. If not sold, will be retained.  Would be nice if it was sold and money paid out to shareholders.  HGO will make great money this financial year. Would be nice to see a dividend sooner rather than later. Still can not believe how cheap they are to buy. Think we are in for an exciting ride and if they find more copper, It could be an exceptional ride.