I was less then impressed about the annual report. What we need...

I was less then impressed about the annual report. What we need from HGO is direction and a good plan for the future as TCF suggested. HGO by spending 800k on exploration is not good enough. OK money might be tight ,but HGO is also running out of time. I was one of those people who praised HGO management in the past. To me looks like Management in the last 6 months are scared to take risks. HGO will refinance soon,

The Question is will HGO borrow more money and have more debt, and leave share holders dreaming again about a dividend, Or will HGO borrow more money to expand. Borrow more to add value to a company by buying into for example RXM assets I would agree to. If HGO borrow to do more exploration and add more debt to HGO, then I say HGO SP will be going south quicker then my iron ore shares lol. Soon we will have another announcement lets hope its what shareholders want to hear.