Ann: Quarterly Activities and Cashflow Report , page-36

Ive been around a long time, i dont like it when i read reports that say all is well and going to plan, when the share price is going in the opposite direction without respite, it rings alarm bells. Ive seen this happen with OZL, AXM,KZL to name a few.

As long as what we are being told is correct then HGO should do ok but i dont like the signals from the market. Yes the market does get it wrong sometimes, thats how we make money, the problem is the market usually wakes up pretty quick so if this keeps going down then we could find out things are not what they seem.