Killa 68 et all, I have no doubt that the next focus is to go...

Killa 68 et all,

I have no doubt that the next focus is to go underground in the first instance to extend LOM.
(as mentioned Post #:32702752).

Plough, I don't think this particular preso' from the head Geo' and exploration manager had any room for mention of the PHES project - which the company has stated is not its core business.

What I believe (and certainly hope) is that success in bringing just those mentioned underground targets below and adjacent the current pit to their stated potential would be enough to be "company transforming" - Hadn't heard that kind of language for a while from them!

After all the share price of HGO was some 30 plus times (  30 cents pre 1 for 8 consolidation = $2.40)what it currently is when they were about to build the current Kanmantoo mine and plant with a projected 8 - 10 year life.  A lot has happened since then, not all of it good by anyone's measure. Safe to say though, if the company could effectively "start over" with say even a projected 5 year extension to LOM (and the chance of much more), given the lessons learned ( mining knowledge and work force, fine tuned processing plant, cash conservation in all areas etc. etc.)and a continued strength in the Cu price, there would be huge potential for ongoing profit if the necessary capex could be kept modest.
Smart money would come back to this stock in droves.
GLTAH cheers.