Maybe the number one share holder, ELBOZ could soak them up. To...

Maybe the number one share holder, ELBOZ could soak them up. To be honest when I was a holder of HEG too many posters on HC were selling their Heads and buying Oppies, this has come back to bite many on the proverbial. If too many investors followed that strategy this is the result, millions of oppies not converted.

You'll find that Philip Bruce will tighten up on the expenditure over the next six months so the cash should be ok about $10million in the bank.

JORC is what becomes so important now, HEG must come up with a substantial upgrade 500K to 1million ounces or the market may not like it.

But saying that every drill result is picking up plenty of very high grade gold. This is a quality small cap Goldie the rest are rubbish. Remember how many HEGO’s were purchased above 20c, millions of them, now who’s gonna pay another 15c.

You have to back management in, HEG has massive potential to be an outstanding Goldie, better the DOM imo.