HGO 1.89% 5.4¢ hillgrove resources limited

Hey Zaaro,Mate I have to comment on your maths. If ESG becomes a...

  1. 668 Posts.
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    Hey Zaaro,

    Mate I have to comment on your maths. If ESG becomes a 2 bagger from here, ie an 80c rise, then HGO should put on roughly 40c. That makes ESG a 2 bagger and HGO a 2 bagger! a bit different to the scenario you put forward. Let me know why you think HGO should only put on 20% ie 8c rise.

    Note that HGO would still remain undervalued in this situation (the 40c rise) for the reasons pointed out by the Australian yesterday.

    It's well worth a lokk at other assets that HGO have and that have never had any value assigned to them. Check out previous Wheal Ellen results - not too shabby!

    Well done to holders and hope we see price reflecting true value soon.

 
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