HIG 0.00% 10.5¢ highlands pacific limited

We can live in hope Duicorp. I would love that to be the case....

  1. 277 Posts.
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    We can live in hope Duicorp. I would love that to be the case. It has surprised me to see HIG retreat to under .10 cents, but in this market, anything spec has got plundered, so that's the way the planet plummets. Reality is unfortunately, that it's a medium to long term hold to realise it's remaining potential. We have to rely on them using their 30 mil cash reserves astutely to generate some renewed interest through an acquisition. Otherwise, we need Freida drilling and exploration to deliver unexpected windfalls, or Ramu to be commissioned earlier than the 2nd half of 2009. Their license of the Wau-Bulolo Graben and the exploration plan that they want to establish early in 2008 could generate something out of the ordinary, but all of these are optimisitc thinking of what 'could' happen. Anyway, it's a long way off those lofty heights of .85 cents. I feel it's a bottom drawer investment.
 
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