For those who haven't had a chance to review the following link, just some crucial points to be gleaned from the webcast given by Phillip Bruce (MD of HEG)
http://media.brisbanetimes.com.au/business/ceo-interviews
1. Part of a Canadian gold company
2. Underground is proving to be MUCH LARGER and BETTER GRADE than the JORC resource of 160000 tonnes at 17g
3. More imminent news to be released
4. Phillip Bruce was formerly GM of Plutonic, MD of Triaco and CEO of BHP Indonesia
5. Hargraves - first hard rock mining site - famous for its historic gold finds - proving to be 10x larger than before
6. Sufficient cash to see out operations
7. Potential joint venture interests
8. Selling gold bars
Watch this stock closely.
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