SIH 0.00% 0.2¢ sihayo gold limited

tambang tinggi big potential little excitement, page-17

  1. 3,968 Posts.
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    Just having a re-read of the ' HELMSEC November 2010 ' report on SIH websight, under the Summary opinion must admit it was good to be riminded of the last points, as quoted under:



    "While the Sihayo gold project is in construction, the exploration programme has the potential to bring to market the news flow of a substantial new discovery. Board highly experienced in the country and management with excellent technical credentials and track record in developing and managing successful mining operations in Indonesia. Sihayo is valued at A$0.36/share after equity dilution for project funding and with a flat gold price at US$1,200/oz."

    Also today's gold price at US$1434.00 compared to their $1200.00 oz.

    That together with Mr Chee Siew Yaw's 1.53% increase in holding last month [ quoting Rogue's figure of 9.4million approx on-market buy ] has to make one a little happier & confident to sit tight and wait out the plays that are taking place at present.

 
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