HIG 0.00% 10.5¢ highlands pacific limited

re: oh baby you are so hot! Acturtle, the board is confident...

  1. 400 Posts.
    re: oh baby you are so hot! Acturtle, the board is confident that the mine life can be extended from 4.5 years to 10.5 years. As to money, HIG have $US 12 mill in the bank and ABN have said they are confident of advancing at least $US25 mill which almost covers the $39 mil HIG need.

    I have heard rumours from people close to the company that HIG believe there are close to 5 million ounces of gold which they will prove up once mining gets started and the cash flow comes in.

    I hold.
 
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Currently unlisted public company.

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