HIG 0.00% 10.5¢ highlands pacific limited

shares in hig seem cheap at these levels ? I know there hedge...

  1. 33 Posts.
    shares in hig seem cheap at these levels ?
    I know there hedge book is just over 50% but only represents 23% of the mine reserves and at the current $US gold price its out of the money but the up side of future up grades in reserves out of new discoveries would dilute this figure and sounds like they are proving up new ground now and not only gold but other minerals also wondering if the share price has fallen because of more tribal active or are they holding the company at ramson of some sort for higher royalties?
 
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Currently unlisted public company.

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