HIG 0.00% 10.5¢ highlands pacific limited

Hi Guys, I agree with your collective sentiments about the...

  1. 1,870 Posts.
    Hi Guys, I agree with your collective sentiments about the market generally and under the circumstance HIG performed very well. And for the record my buy in average price is just over 38 cents (I bought a real lot more just after Christmas when I thought that HIG was finally making its move!).

    But I remain confident that HIG will out-perform the market, its got to be classed as a longer term investment IMO, with a fantastic portfolio of quality assets, with first class joint venture partners and fantastic joint venture arrangements that reduces HIG's overall cash spend. And to top that, it has got Nong which could become another very significant asset with some exploration results expected in the coming months.

    Of course what happens to equity markets and commodity prices will have a huge impact on HIG's immediate share price action, but in the medium term I believe HIG will be an exceptional performer.
 
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