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Hongguo International Holdings Ltd. USD SHS HGGOF



GREY:HGGOF - Post by User

Comment by redbarchettaon Apr 16, 2021 9:25am
169 Views
Post# 33009951

RE:So much potential here

RE:So much potential hereSo looks like the balance of those holes tapped the polymetallic pockets of this ever expanding order body.
Although not the HG gold hits we're used to (and I expecting), they nonetheless showcase that this signature is indeed very pregnant. 
The likelihood of this team tapping into the vein system that hosts the incredibly HG gold (fault offset) is very likely in the next campaign beginning in May, now that they have a more complete understanding of the controls, AND to boot, we have the benefit of growing a polymetallic resource base that can only be viewed a huge positive in a world that is desperately in need of more base metals (copper, zinc gold, silver).
Reference hole JT20-93: 43.5M grading 1.98% copper, 8.45% zinc, 1.35 g/t gold. That's a seriously rich hole, adjacent to the main gold hit (JT20-092) that yielded 74.1M17.89 g/t gold, 7.1 g/t silver, 0.48% copper, 9.36% zinc & 1.31% lead.
Heck, the DC prospect is equally intriguing with it's crazy rich silver rock samples & vein fields over 250x700M! This new target falls within a large 1.5km x 3km zone that's pregnant with copper and silver rock samples/outcrops. It seems everywhere Darwin and team look, they're finding huge targets that may portend to JT equivalent resources.  
I'm not a geologist but have invested in Jr's for some time, but it's really rare to chance upon a Jr. that can grow their targets with every rock they lift, then drill and bring up some of the richest annual intercepts in the world for a given year. Am I missing something here, or is the market crazy to be valuing HIGH at $70m market cap, when they likely already have over 1Million ounces HG gold equivalent in the ground??
With the gold bull now reawakened, it's hard not to see this stock trade back to their last financing price of $1.80 before any new results come out of Alaska. 
In the interim, it would be great for management to release a PR on what we can expect from their Ontario prospects, where drilling is concerned. We need as much news out of both camps in the next 6-9 months, to propel this to $3+, so that additional financings can line the co. coffers, in order to grow the current 1million ounces into 2-3 million ounces.
Good luck to all HIGH longs, and may this Gold bull roar to $2k in short order!!

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