HIG PNA

Ann: Frieda River Copper Gold Project - New Partn, page-8

  1. niu
    1,638 Posts.
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    03/11/13
    22:28
    Post #: 12524197
    re: Ann: Frieda River Copper Gold Project - N... PNA have got themselves a bargain alright. Does it make Freida worth any less to HIG? The simple calculus of half the output for one third of the investment says no - we have a more rational and affordable development with plenty of opportunity to expand once it is generating cash. This deal gets things moving again and will be a winner for HIG.
    HIG Price at posting: 8.6¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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