Hi MW,"Somewhere in between" don't forget the good news:The good...

Hi MW,

"Somewhere in between"

don't forget the good news:

The good news is HGO has more than enough cash flow lined up running the plant half full to go for broke filling the plant while prudently building a cash balance buffer for the rainy days that will inevitably turn up and if it distributes 50% of the free cash flow will be able to also accumulate a war chest for further expansion into a multi mine producer. It has the Els already acquired to do that.

The double benefit of dividends.:

If HGO does pay decent dividends and maintain enough reserves going forward to put certainty into that continuing it will trade on a descent PER multiple rather than a couple of years of free cash flow forecasts.

On the subject of enjoying every day:

My farther died when I was 9 months old. When I was 37 years older my brother died.

"Tomorrow I could die" loomed large in my thoughts.

Makes one concentrate on exercising their skills doing things that like to do while not putting off working through the bucket list.