So potentially cash flow positive. Hopefully higher grade ore resolves our profit issues. Some good news from the local exploration would be appreciated.
Interesting that HGO were valued higher as an explorer than it is currently as a producer.
I think the only thing that can get us out of this with a half decent recovery of SP is some real decent grades away from the current pit design. If anything is found, use the strip and tailings to fill the main pit hole and when full put an RIP cross on it with all past and present directors names on it (CEO's included). Lets hope the new guy makes some sense of the mess.
I had faith many years ago after being fed the propoganda and invested in the company and some of my hard earned built this mine. I was one of the faithful that put in at the high 40c SPP. Now they are asking for 8c placement - no thanks. Fool me once.....
Holding now and waiting for a miracle. Been this low before and recovered.... may do it again...fingers crossed.
HGO Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held
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