hillgrove goes it alone on kanmantoo project, page-27

Was it not too long ago that HGO was saying that their priority was to concentrate on finding gold in their very exciting off shore prospects? Kanmantoo can be developed down the track as it has been held in limbo for the last couple of years. If an acceptable partner has not been found yet, so what!

Yes, copper has gone up in price and in my view will continue to rise in the future because of the industrialization of both China and India, including many other 3rd & 2nd world economies.

There have not been many exciting areas such as HGO holds which can produce low cost but high grade gold deposites surrounded by already huge producing gold mines.

With $100 million in the kitty this could be used to develop, confirm and then mine this valuable gold resource adding significantly to the company. Kanmantoo, being 100% owned at this stage, can wait dogoo for a little while longer, during which time perspective investors will come out of the blue. MPO> Bernie