just a thought....., page-11

Yes FF, the "gold fever" is quite exciting - I suppose it is this same emotion that justifies us paying $1,250 for just one oz it it !!

I too sometimes have my doubts if I made the right decision to invest a fairly large proportion of our Super into HEG but then I look at page 20 of the May report:

Look at Dominion Mining, it has a resource of 1.2M oz and is producing about 100,000 oz/yr AND ITS SHARE PRICE IS $4.00 !!

OK, we(HEG) have only a "proven" resource of 0.2M but it won't take long before that will go way past 1.2M (If the "potential" is 5M....) and PB has been saying all along that he is aiming build HEG up to a 100-200K oz /yr mine.

Maybe Sino's projection of $2.50 is not that far fetched !!

I for one will sleep well tonight - either from that comforting bit of information or my cheap port :-))