Hegco Canada Inc. Message Board

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Gold/Mining/Energy : Hegco Canada Inc.

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To: Ed Ajootian who wrote (2266)	3/28/2001 1:13:11 AM
From: c.d	Read Replies (1) of 2316

If they are hitting numbers as promised on their website, this is a steal, no doubt. A smart buy at this level. I have had some due diligence done on Hegco. The numbers on the current quarter will begin to tell the story. Should be out by end of May. If they stay on course as outlined in the website slide presentation, I think that we are safe up to six times projected earnings, around 1.25 – 1.45. With management out in front, we should be trading at ten times projected earnings, approx 2.15 - 2.50. We will soon find out whether we are predator or prey.

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