The efforts MXR are making at Hilditch are multi-pronged and show that management is genuinely focussed on getting into production. The submission of a mining proposal is a big pointer to this determination to start pulling oz’s out of the ground. As central banks start to cut interest rates in the final months of this year, money will flow back into this sector. Companies that have proven resources and a production focus should do very well; they are undoubtedly very cheap at the moment given the gold price, but interest rate movements should provide the necessary catalyst and they will shine again.
Ann: Drilling commences at the Hilditch Gold Project, page-4
Add to My Watchlist
What is My Watchlist?