HGO 3.08% 6.3¢ hillgrove resources limited

sentiment, page-29

  1. 642 Posts.
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    Very good post by liquidbarrel.

    I have been a very strong supporter of HGO over the long term. But I took a decision to reduce my all my portfolio and that included selling all of my HGO.

    Personally I would have preferred to see a JV for the Kanmantoo project. Substantially reduced the risk to HGO, reduced future cash requirements and gave HGO some extra cash upfront from the sale of 50% of Kanmantoo.

    If the price keeps falling the value equation keeps increasing and I just may have to get back in and join the rest of you at the pub.



 
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