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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 traveller180on Jun 17, 2013 9:09am
137 Views
Post# 21531847

RE: RE: I have "nearly" had enough

RE: RE: I have "nearly" had enough

No, I never did receive an answer. Communication from both companies deteriorated to nothing after Toby Hansen left Ruby Creek and has never been a strong point for Handeni. This is a lesson I have learned that all should take stock (pun intended) in: Just because you have set a goal for any investment, due-diligence should NEVER stop. Observe, revise, and modify your position(s) to suit YOUR overall investment strategy. Any company can make their stock sound good and bolster statements with little facts here and there.

Whether or not these companies found gold, precious stones, or a big steaming pile of prehistoric fertilizer is something we as investors may never actually know. The companies reponsibility ended with reporting where and why they would potentially dig in any spot, and how much they spend (overall) to do that. They are under no obligation to report their actual findings to us.

For myself, I will continue to watch these companies and may consider them to be a short at some point in the future if they ever get their respective acts together. But for now, I am focusing on other industries and will be for the foreseeable future.

Again, as always, these statements are IMHO, DYODD, Not investment advice, and most importantly...M-O-U-S-EEEEEE.....

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