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Hongguo International Holdings Ltd. USD SHS HGGOF



GREY:HGGOF - Post by User

Comment by redbarchettaon Nov 01, 2019 4:49pm
148 Views
Post# 30299382

RE:RE:Updated presentation

RE:RE:Updated presentationI have to agree with you!
Nice way to close the week; TD buying 20k shares at the high, $1.55. 
Can't wait to read the news soon of the initial drill releases.
It's really up in the air at this point what value the market will assign on these reserves, given the HG nature of the deposit. Anyone willing to guess what price they'll assign for every ounce in ground? $150, Higher?
Remeber someone will scoop this thing up for a huge premium before all of the additonal drilling is conducted if they belive the gold is there. 
Better to throw a high bid early on in the drill campagin than to have HIGH drill 100,0000's meters to actual prove most of it up.
This is why we continue to rise day to day, IMHO.
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