Hongguo International Holdings Ltd. USD SHS HGGOF

Expect the market to push up the SP

[goldenrivit]

In the next 3 weeks I expect the market to value HIGH much much higher.That hole 152 is going to add an over all higher grade that I think could add 300 to 400 thousand ounces to the current resource.Then the new stepouts will also give a boost as well.Ellis is very much shaping up to JT. I rate the stock a strong buy all the way to $1.50 with a view that AEM will likely buy out HIGH to gain blue sky ounces.This deposit is only a 15 mile rout to tide water making it not needing a mill to any buyer.It will be one of the lowest cost mines in the world with such high grades and very little capex:

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TSX-V:HIGHOTCQX:HGGOF

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HighGold Mining expected to re-rate on additional potential at Johnson Tract gold project in Alaska, say Stifel GMP analysts

 

 

HighGold Mining Inc (TSX-V:HIGH, OTCQX:HGGOF)’s high-quality deposits, top-tier jurisdiction, and discount to peers provide an attractive entry point to the stock for investors, according to analysts at broker Stifel GMP.

In a note to clients following HighGold’s recently announced infill and expansionary drill results at its Johnson Tract (JT) property located outside Anchorage, Alaska, analysts wrote that the miner has drilled JT’s highest grade thickness intersection to date.

The analysts also reiterated their ‘Buy’ rating for the stock with a price target of C$2.75 per share. HighGold’s Toronto-listed shares are currently trading at about C$0.78.

READ: HighGold Mining intersects 18.76 g/t gold over 120.5 meters in infill drilling at JT Deposit, Alaska; its best intersection to date

The analysts added that, as HighGold continues to conduct exploration at the property, they expect the stock to re-rate.

They noted that the high-grade, bulk tonnage JT main deposit is ideally situated for low-cost underground extraction and remains open for significant expansion beyond the current 800koz of gold equivalent resource in several directions.

They also expect the advancement of additional targets and discoveries on the “historically under-explored” JT property to create excitement in the market, including the faulted-off, high-grade Offset portion of the JT Main, the VMS-style NEO target, the Difficult Creek area, and the Kona prospect.

“We think the company will present an attractive takeout target for a major producer with an ideal combination of deposit scale and regional exploration runway,” Stifel’s analysts wrote.

“We believe the current valuation provides an attractive entry point to gain exposure to a growing number of high-quality deposits on a prospective, under-explored land package in a top-tier jurisdiction,” they added.

Further, the analysts noted that the company’s extensive Timmins properties also offer free optionality with no value for them currently reflected in its stock price.

HighGold Mining is a mineral exploration company focused on high-grade gold projects located in North America.

Contact the author at [e-mail]

(

TSX-V:HIGHOTCQX:HGGOF

)

HighGold Mining expected to re-rate on additional potential at Johnson Tract gold project in Alaska, say Stifel GMP analysts

 

 

HighGold Mining Inc (TSX-V:HIGH, OTCQX:HGGOF)’s high-quality deposits, top-tier jurisdiction, and discount to peers provide an attractive entry point to the stock for investors, according to analysts at broker Stifel GMP.

In a note to clients following HighGold’s recently announced infill and expansionary drill results at its Johnson Tract (JT) property located outside Anchorage, Alaska, analysts wrote that the miner has drilled JT’s highest grade thickness intersection to date.

The analysts also reiterated their ‘Buy’ rating for the stock with a price target of C$2.75 per share. HighGold’s Toronto-listed shares are currently trading at about C$0.78.

READ: HighGold Mining intersects 18.76 g/t gold over 120.5 meters in infill drilling at JT Deposit, Alaska; its best intersection to date

The analysts added that, as HighGold continues to conduct exploration at the property, they expect the stock to re-rate.

They noted that the high-grade, bulk tonnage JT main deposit is ideally situated for low-cost underground extraction and remains open for significant expansion beyond the current 800koz of gold equivalent resource in several directions.

They also expect the advancement of additional targets and discoveries on the “historically under-explored” JT property to create excitement in the market, including the faulted-off, high-grade Offset portion of the JT Main, the VMS-style NEO target, the Difficult Creek area, and the Kona prospect.

“We think the company will present an attractive takeout target for a major producer with an ideal combination of deposit scale and regional exploration runway,” Stifel’s analysts wrote.

“We believe the current valuation provides an attractive entry point to gain exposure to a growing number of high-quality deposits on a prospective, under-explored land package in a top-tier jurisdiction,” they added.

Further, the analysts noted that the company’s extensive Timmins properties also offer free optionality with no value for them currently reflected in its stock price.

HighGold Mining is a mineral exploration company focused on high-grade gold projects located in North America.

Contact the author at [e-mail]