Going underground??, page-20

In all sincerity I think HGO is on the right track.  The only short term problems I see is the danger of spreading themselves too thin and the real risk of an opportunistic low ball offer.

On the one hand HGO seems to be spending a lot of time and emphasis on PHES and on the other hand the public record shows that over the last six months that it is filing mineral exploration licences left right and centre.

Focus is the key here. The line in the sand needs to be drawn ASAP and the direction it takes must be made with focus, commitment and a high degree of enthusiasm.

I have also mentioned many times on this forum that I am fearful that an opportunistic low ball bid will be made. This in my opinion is the biggest threat to HGO.

Come February if no opportunistic bid is made for HGO, I think there will be happy days ahead as the market digests the future and vision HGO offers investors.

I tend to be a long term set and forget investor but the only thing worrying me about HGO is an opportunistic low ball offer.

Ducky