SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


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