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Handeni Gold Inc HNDI

Handeni Gold Inc. is an exploration-stage company. The Company operates through the acquisition and exploration of mineral properties segment. The Company's principal business is the acquisition and exploration of mineral resources located in Tanzania, Africa. Its principal area of focus is the Handeni Gold Project located in the Handeni district, within the Tanga region of the Republic of Tanzania in East Africa, in which it has interests in mineral claims through prospecting licenses (PLs) and/or primary mining licenses (PMLs). The Handeni Gold properties lie within the Handeni artisanal gold mining district, located in Tanga Province, approximately 175 kilometers (km) northwest of Tanzania's city, Dar Es Salaam, and about 100 km southwest of the more northerly coastal city of Tanga. The total area held by the Company in the Handeni district is approximately 236.65 square kilometers.


GREY:HNDI - Post by User

Comment by Goldbug101on May 30, 2013 11:45pm
149 Views
Post# 21465278

RE: Private Company

RE: Private Company

Totally agree with you.. What with regulatory - staff salaries - dual offices - and what must be sizeable lawyers fees if they are still dealing with RC and CA &  + apparently still doing groundmag, sampling and mappingwork in the field they must be spending in excess of $200 000/month. on a 100 000 a month loan (which we are still going to have to pay back somehow...).. HOW (AND WHY) THE HLL are they doing it? I'd like to suggest to Dr. Scheepers and Mr. Mengi that they go private - but that shareholders still retain the % (mine would be like 0.1% lol!) in the private company .... we can always list again late if the market ever recovers from the DEEP DARK HOLE that it is sinking into.  Still lost more way more $$ on Newmont than this one.... sheesh... 

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