HGO 1.85% 5.3¢ hillgrove resources limited

re: Ann: Kanmantoo Loan Agreement Signed and ... Hardmano,Little...

  1. 70 Posts.
    re: Ann: Kanmantoo Loan Agreement Signed and ... Hardmano,
    Little downside at current prices....hhmmmm....i remember thinking that at 40c!
    But incredibly HGO management have found ways to destroy shareholder value: no Kanmantoo JV, Kanmantoo delays, disappointing Indo drilling, disappointing Kanmantoo drilling, cash burn, dilutionary capital raisings, "bend me over" financing deal and associated hedging...

    I visited Kanmantoo a while ago - they gave me a spikey chunk of copper as a souvenir. Problem is it now feels rather like they jammed it where the sun don't shine.

    I am hoping it can hold these levels for now - and on the first sign of a pop (wishful thinking i fear) i will be cutting my losses.
 
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