Hongguo International Holdings Ltd. USD SHS HGGOF

RE:RE:RE:Next steps for 2023?

[pdono101]

Very interesting post redb. When I tried the letter link, the top was missing. I did today a repost including your name, details and quite interesting content. So no credit lost or intentional theft or any kind of mischief involved. It's all yours, no edits. I have been scratching my brain the last while on what may be the best way to use the last of the treasury in 2023. Having no knowledge of your post and am being exactly honest, I thought switch gears and why not stab some holes in the Yukon. It might be a better bang for the buck as Snowline has attention. The Alaska play has no price effect or much interest for last season. Surprisingly, you also are figuring out a solution which makes real good sense. I also was wondering if some deal might be in the works. HG Share price seems to have some stability and not sure Gold price was the reason.

Might as well try some Yukon drilling while attention seems to be more focused there. The plan you outlined would create interest and help possibly to minimize share dillution or I suppose prolong it for HG. 8 million evaporates in Alaska with two drills. A slow season in 2023 would not be good chasing DC pods for company health. The angle drilling on JT is understandable and needed to determine proven but speculators are more prone to be attracted to discovery holes imagining unknown prospects yet undiscovered.

No idea of the infrastructure costs talked about. Landing strip, drift tunnel, equipment, transport etc would take time and big cost. It's a ways off as yet to think about personally. Another hit would be nice. Ellis zone may be limited. Darwin has been pretty serious about gaining properties. So HG does have quite the portfolio of prospective land claims. The next two years will see any cash raising  demand a premium deal. Will see how gold price reacts. It's a crossroads situation. Yukon would not hurt, Alaska would still remain standing for HG.