Quite right Prawn_man, KPAX's post was a beauty and worth...

Quite right Prawn_man, KPAX's post was a beauty and worth getting an update from KPAX, I agree.
Here is is (from 17 June 2016) and price then 5.6c.
What about an update KPAX?

Twenty six reasons
1. AUD will drop further, POG up on exchange.
2. Brexit, Pound to drop , if exit achieved POG up.
3. USD dropping POG up.
4. Nickel warehouse inventories dropping.
5. HIG some leverage to Au price.
6. Ramu, increasing profit distribution to HIG.
7. $20 million in bank , equates to 2 cents per share.
8. By 2025 HIG is free of debt for Ramu, and free carried indefinitely,with possibility
to increase position by approximately 9%.
9. Copper due for rebound. Major players are experiencing increasing strip ratio's.
10. Takeover target as with previous linked Company Highlands Gold (HGH)
11. Merger target.
12. By 2025, cash in bank increasing by 0.9 cents per share.
13. PNG Government possibly relaxing stipulations on proposed Mining Act 2015.
14. Bougainville Copper now allowed to reopen as of this week.
15. Frieda is a massive deposit, in top 15 resource mines in world.
16. Star Mountain ; potential for over rating of reserves.
17. Normandy Island tenement, more lateral Nickel reserves in offing.
18. Very tight registrar, top 20 hold approximately 55% of stock.
19. Commodities Holding House Trafigura purchased approximately 16 % of HIG, knowing market conditions
we're about to tumble, what do they know that I don't ?
20. HIG Management have good relationships with PNG Government, long term player in that part of world.
21. HIG worth maybe 23 cents per share for assets, though if risked a further 40% still worth 16 cents per share.
22. Lack of liquidity an upside , studies show shareholders make better returns on low volume stocks.
23. Frieda on free carry from GRAM , HIG worth of Frieda possibly 6 cents per share or $ 50 million even if HIG
Management elect to do nothing.
24. Nil ceasing to be of substantial holding for a long time.
25. I remember trading Highlands Gold their old Company decades ago for good profits.
26. I have spent weeks researching Australian Gold Miners and best LT play was HIG. I was trying for a safe play.

The price will go down over the next month or two as this always happens when I buy a stock, something spiritual for me in my practice.