Taken from the Port Phillip site, publishers of Diggers and Drillers
http://www.portphillippublishing.com.au/research/osi/0912b.php?s=W9AOKC03
"Programmed-for-profit" stock 1: Who fancies
a bargain-priced slice of the 2010 copper boom?
Stock number one focuses on small mines that can quickly be taken to production. It invests mainly in base metals, copper, nickel and natural gas with interests in Adelaide, Queensland and West Papua.
This firm has cash reserves of $143m, and liabilities of just $16.6 million. That means net cash is at least $126.4m.
That's good. REALLY good. The strategy for 2010/11 is to develop its 100%-owned gold and copper project just outside Adelaide.
The resource is over 30 million tonnes, containing 292,000 tonnes of copper, 191,000 ounces of gold, and 3.3 million ounces of silver. Production is expected within 12 months.
The numbers virtually LEAP off the page with this one. It has strong net cash, a large good quality reserve with proven infrastructure, and is expecting production any day.
With record demand for copper, this stock is capable of producing exceptional profits. I'm expecting it to double AT LEAST in 2010. With the share trading around 40 cents currently, the time to buy is now.
My full research on this healthy little company is in your free report: "3 Cash Rich Aussie Resource Stocks You Must Own Now". You'll be able to grab your copy in just a moment."
They are spruiking for new subs to Diggers and Dealers. Not sure how long it has been showing HGO at that link, but it should be good for the shareprice with Diggers still promotong HGO.
- Forums
- ASX - By Stock
- HGO
- diggers & drillers
diggers & drillers, page-7
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
|
|||||
Last
5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $117.3M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.5¢ | $95.53K | 1.726M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 424982 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 57437 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 424982 | 0.055 |
11 | 882167 | 0.054 |
15 | 986821 | 0.053 |
7 | 957690 | 0.052 |
3 | 369627 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 57437 | 1 |
0.057 | 399138 | 2 |
0.058 | 574717 | 3 |
0.059 | 1184025 | 3 |
0.060 | 5059301 | 7 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online