I was a chicken and sold my smallish holding last week because of the cash flow position shown in the quarterly report, and so I only made a small profit.
I am not sure about BDG being so hot, because it bit me you know where.
HEG has good management and some interesting tenements, so it will stay on my watch list.
The placement at 17 cents was good for HEG, as they needed a quick injection and the share price was low. Shareholders who feel disadvantaged in not participating should voice their concerns to management. This had an impact with AAM recently, so perhaps here as well.
HEG is a longer term story, which can involve some pain along the way. I already have lots of reasons to feel pain so I want to see how things progress before coming back, and I am already over-exposed to the gold sector.
Good luck to all HEGers in the goldlotto stakes.
loki
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