HGO 1.49% 6.6¢ hillgrove resources limited

Ann: Drilling Expands Cu-Au Footprint at Kanmantoo Underground, page-54

  1. 2,658 Posts.
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    My thoughts are that we must temper expectations. After many years with HGO it’s pretty clear that my fortune will not be made out of that Giant pit or underneath it. Years ago I thought so but that ship has sailed. It set sail with great fanfare but was so badly put together it sank before exiting harbour - even though the weather was fine.

    The next step is sailing out the heads and back with no loss of life. What I have my sights on is an economic deposit which can produce the cash to give us options. It needs to be of sufficient grade to ride out any showers or squalls and still turn a profit.

    if we can do this then the sp will respond and we can look forward to expand our footprint to some of the opportunities further a field.

    i see this as a step in the right direction not the end goal. I think our chances are pretty good when viewed through this lens
 
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