I've been a loyal holder for over 2 years and it's very disconcerting to see the continual problems experienced by HIG with a declining share price from the highs of .8450 in February last year to the low of .29 cents. Flooding, restlace poplace, landslides and the uncertainty over the restrucutre of the Kainantu Gold forward sales programme and financing facility have it badly out of favour, but the stcok seems very undervalued. Certainly those that purcahsed at the highs of >80 cents will feel so, and others who purchaced in the rights issue @ .67 cents will as well. Surely it's reached it's lowest point, although I thought that at .50 cents as well. Good luck to all holders. Will the loyal be rewarded for their patience? Hopefully long term yes. I remian optimistic.
HIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held