I remain confident in the great potential of HEG which is why it is featured in my signature line. Along with other junior golds, HEG is being hammered by the current market. Unlike many others though, HEG has substantial short term potential. What we need is to see more of this potential featured in the updates.
Here is a short list of what I would like to see.
First, the mining updates need to be uncluttered and to reinforce the great potential of the Hill End mine. If we take the latest update as an example, the diagram had three big red stars showing the intercepts described in the text. Unfortunately there were no labels on these stars and I had to check the coordinate for each one. Most people wouldn't have bothered even though these stars mark a significant extension to the resource. The text of the update really should have made this clear as well. Instead it had stuff about miniexcavators and overhead flatback stoping.
What was needed was text that clearly drew the market's attention to this exciting extension of the resource. Instead, most readers would have missed it.
Second, the market wants to know how much ore is being treated. Every update should include this information together with data on indicated grade. Using my other signature featured company as an example, VMS updates a table of drilling data at the end of most announcements. HEG could include a similar table giving tonnes of ore treated and indicated grade for each week.
Thirdly, the reconditioned ball mill is going to make an enormous difference when it starts operating. I want regular updates on how the installation of this equipment is going. I expect many other investors would be interested as well.
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peak minerals limited
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I remain confident in the great potential of HEG which is why it...
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Last
4.5¢ |
Change
-0.006(11.8%) |
Mkt cap ! $126.3M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 4.5¢ | $738.4K | 15.47M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 4592956 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 4592956 | 0.045 |
1 | 500000 | 0.044 |
2 | 60000 | 0.043 |
1 | 23800 | 0.042 |
1 | 12219 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 100000 | 1 |
0.050 | 20200 | 1 |
0.051 | 275951 | 1 |
0.052 | 626850 | 7 |
0.053 | 386087 | 2 |
Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
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AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
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