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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jrhana who wrote (22705)	10/23/2003 3:14:24 PM
From: Condor	Read Replies (1) of 39344

Hi jr, Sorry, I don't but it was no more detail than that article as I remember. Actually I don't rmember hearing assays just the fact that it was the highest assys hit in 30 years. I don't know if they meant in 30 years of HGMs experience or northern drilling in general. In any event its sure enticing. The volume and price though of the last few days doesn't tend to support those remarkable results. Drill hole TG03-04 showed 20.36 metres averaging 47.2 grams per tonne (1.51 ounces gold per ton over 66.75 feet), including 0.85 metres of 1,000 grams per tonne (gpt) and 2.93 metres of 298 gpt. This warrants more investigation. Market cap of HGM at the moment is $ 14 million I believe. (.35 x 40 million shares) Open pit? hmmmm. I'll take a small position, to make me pay attention. Cheers C

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