The gold is in the ground. HEG have kept us informed that there is plenty of bonanza grades at Hargraves. Bonanza grades make it harder to calculate the correct JORC.
Unfortunately, they will still need to go through the stages of getting to mining, including finance. Until we see the JORC, financing and mining plan, I expect HEG to keep going sideways or down. Are they going to bulk mine, or narrow vein mine? They have already proved that Hill End is hard to make money out of narrow vein mining.
Many people are voting with their feet. I did too a few weeks back at a substantial loss. I want my money in shares that are trending upwards, not downwards. Moved my funds over to Africa.
The HEG SP graph is ugly.
why, page-2
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Last
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Change
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Mkt cap ! $5.207M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $66.34K | 13.26M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999999 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3511891 | 10 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.6¢ | 0.5¢ | 5272600 | ||
| Last updated 14.29pm 14/05/2024 ? | |||||
| PUA (ASX) Chart |