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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 Feb 26, 2014 5:24am
265 Views
Post# 22251526

RE:RE:RE: Handeni in Ruby Creek News

RE:RE:RE: Handeni in Ruby Creek NewsI like everyone else had very high hopes when the company changed hands. I thought everything would change for the better. I met Bob Dynes and Mr Scheepers in Chicago. I had stong support for them back then. I thought we had people that really knew how to run an exploration company. But it turned out the new management just drained the company treasury by paying themselves high salaries. Falc was the smart one he sold out right away he had the company figured out There was a lot of shareholders like me that had high hopes for the company and stuck around. There was way too many shares out for an exploration company. Practically no news releases. A board that collected money and did practically nothing. Remember the guy that they hired that was suppose to have a doctors degree and had all kind of contacts and was suppose to raise a ton of money for the company. How much did he raise 0 amount. He was just another guy that made a high salery and did nothing. The guy I thought was did a really good job and promoted the company was Bob Dynes. So they let him go. I still have a lot of stock in the company just waiting to see if the share price can come up any near half the price I paid then I am bailing out of this dog. I will take my hugh loss and leave.

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