HGO 0.00% 6.4¢ hillgrove resources limited

Equipment Sale, page-35

  1. 1,281 Posts.
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    I wish it were different and yes, my posts these days are of a less optimistic nature, but -

    IMO the current low share price of HGO is entirely reflective of a lack of confidence that a DFS will surface that will INDISPUTABLY see a SIGNIFICANTLY profitable underground mine eventuate in even the next year. ( that's right Ducky - not even selling copper by end 2021 ).

    The escalating Cu price convinces no one to part with their hard earned if they don't have complete faith in the story. - Most see it as a gamble at this point. Unless the DFS is totally compelling , a fear of spiralling all in sustaining costs of a never before ( for HGO ) underground mine will keep the wary , well ........wary .

    Just how I read the situation, very happy if the next few announcements blow the cobwebs of doubt away .

    cheers to all
 
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