HIG 0.00% 10.5¢ highlands pacific limited

valuation upgrade

  1. 173 Posts.
    Excerpt from todays FN Arena Broker Call . Abn Amro rates the stock as BUY from HOLD - While production in June Quarter was disappointing the broker expects 10,000oz this quarter & 21,000oz in December Quarter, while a restructured hedge book will improve the company's earnings going forward.
    Valuation $0.64
    Also Paul Van Eeden sold his gold stocks off in May ,But now gold is below $600 he see's attractively priced gold stocks & has resumed buying .His target for gold is somewhere between $900 and $1300 an ounce.


















 
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Currently unlisted public company.

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