If they get the job done the money will come into the stock. They've been holding out promise for a while - it looks like their around the corner on delivering - but until they do the share price won't move significantly.
We need consistent, weekly production of circa 250 tonnes at decent grades (say ranging from 20 to 40 g/t week to week) and the share price will move.
Lets hope the tinkering with the plant starts to slow down and the continuity of production picks up.
I agree that IGR is a good example of how to run a business - CC seems to have a good combination of both business and technical acumen and seems to be a conservative and organised thinker - plan, execute, deliver - and this is reflected in the clear and concise way in which the companies status is communicated in their reports.
But HEG is achieving a lot - they've done a lot of exploration drilling both underground and above ground and a fantastically succesful program at BNH. They've also fully opened up and equipped the mine including shaft etc., and made a lot of modifications and improvements to the plant over the course of the year.
When they show us the gold the market will show us the money. It would be nice if the first 2000 tonne production month also co-incided with multi-oz per tonne ore parcels out of the upper paxtons/frenchmans area.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.98M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $46.30K | 7.718M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 214015 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 18052913 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 214015 | 0.006 |
14 | 26250317 | 0.005 |
15 | 47511921 | 0.004 |
6 | 24866666 | 0.003 |
18 | 18679779 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 18052913 | 10 |
0.008 | 7777387 | 7 |
0.009 | 5833000 | 3 |
0.010 | 18607300 | 7 |
0.011 | 5000000 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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