HGO FUTURE, page-58

From my point of view there is no point delaying, spending valuable time in a holding pattern. In the end the only way HGO will make a dollar is to push ahead with what makes money - digging and processing. Ensuring that all the I's are dotted and T's crossed and furniture dusted while marking time is wasting time. Even if there are insufficient funds to push ahead with the Pit Mine, we should do so ASAP and do a CR or JV if necessary. Shareholders would see a company striving to make a dollar. Airlines lose a lot of money in Holding Patterns and so will we. Surely, as long as drilling results are positive, we can become a producer again before the end of the year.