EV per Cu eq lb

Hi folks,

Plenty of upcoming price catalysts for HIG including:

♠ Signing a + US $175 million farmin with Anglo (US $10 million already received) for Star Mountains

♠ Drilling beginning this month at Star Mountains (former results = Olgal 596m @ 0.61% Cu & 0.85g/t Au from 24m, Kum Kom 22m @ 1.42% Cu & 0.57g/t Au from 146m , Kum Kom 68m @ 0.97% Cu & 0.37g/t Au from 280m)

♠ The new takeover offer by GRAM for PNA

♠ Trafigura last week increasing it's holding in HIG to 16% - above PNA's holding of 14%

♠ Profits / cashflows from HIG's 8.56% share of Ramu Nickel to be paid to HIG from June (2 months) onwards

♠ Joint venture / farmin signed with giant Japanese trading house, Sojitz to fund Sewa Bay Nickel

♠ Sewa Bay Nickel drilling beginning this month

♠ Chart looks primed:



♠ Relative EV looks cheap:



Plenty to work with over the coming weeks and months. Interesting times ahead

Cheers,

Adequate.