HIG in its October 2014 announcement states that HIG is free...

HIG in its October 2014 announcement states that HIG is free carried till the feasibility study is lodged by GRAM.
So snookered on that one. Just lost 2 % of project value. If we continue to loose we may end up with 5% of value of Freida River then we will have to outlay $180 million just to keep in the ball park. We can’t afford that, one would think. So it’s like Hans Brinker putting his finger in the dyke to save Holland. I spoke to a geologist who was involved in siteing and evaluating the hydro dam up in Frieda River. He says it can be done and agrees that it is mineral rich. But the cost !!! Craig CEO HIG told me its economic at Cu $3.50 a lb. What happens to us if the copper price plunges. Administration maybe. This is fraught with beware signs for me. Too much debt. If any hot copperite can elaborate it would be greatly appreciated. I own a stack of HIG . It’s 3/4 time and we are down 25 points. I also see that we will survive but so far over the years we have invested between 112 to 125 million on Freida. All about to go poof.