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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

Post by 8saturday8on Oct 12, 2013 9:40am
202 Views
Post# 21812873

10-Q

10-QFalc the 10-Q is out. I really do not think the company is too bad off. I want your take on it. From what I can see through accounts receivable  and taxes coming back to the company and cash. I think that they will survive. They also have Handeni Resources and IPP involved which is a separate companies that that Mengi owns. I know the company has crappy management but I think that they are trying. Besides Mengi has a lot of money. I woiuld like your take on this. They also purchased property from Handeni Resources. Plus I think the lawsuit with Ruby is dead.
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