world-class cobalt at HIG, page-8

I agree with Oils2006 and other posters. The current play by PanAust is another tightening of the noose. Takeover is their untimate step, regardless of the outcome of mediation with the HIG board. HIG has unbelievable metal resources and at the current share price, HIG is a dirt cheap bargain for China. Modern rechargeable batteries depend of cobalt and copper - and we have both it in huge quantities. (Don't believe me, just check out the cobalt forum on Hot Copper.) Dogon has shown us often enough that the share price has been valued by experts at 40 cents and more. Several months ago the HIG share price jumped to about 9 cents at the first hint of a takeover. This play by PanAust/Gram has a few stages to go yet, but anyone selling their shares now has rocks in their heads. Be patient and you will reap the rewards, whatever the outcome.