HGO 0.00% 5.4¢ hillgrove resources limited

KCCCC, page-40

  1. 394 Posts.
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    I also agree.  “Spaghetti” type shafts immediately makes me think of the problems that Metals X (MLX) have had over the past couple of years or so trying to get their acquired Nifty copper mine back into some kind of reasonable and financially viable shape.  And their SP has dropped from $1.20 to $0.40 over the past 12 months.  Only now are things starting to look more positive as they move out of their own version of spaghetti “checkerboard” into new ground.  Today’s announcement is the first bit of positive news for them, after 3 years of SP losses from about $1.70 or so. 

    Disclosure:  I owned MLX for many years and sold out 2-3 years ago, and do not hold and have no intention of buying any time in the foreseeable future! 

 
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