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.
HIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held