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Hongguo International Holdings Ltd. USD SHS HGGOF



GREY:HGGOF - Post by User

Post by redbarchettaon May 07, 2020 10:19pm
304 Views
Post# 31001194

Another Interview today with CEO, Darwin Green

Another Interview today with CEO, Darwin Green https://www.youtube.com/watch?v=7-2fzj_GAf8&feature=youtu.be
 
Now that Electrum is done selling out their PP they did back in March of 2019 at $.48 for 250-300% profit - in short time - wouldn't it be timely for the insider that picked up their remaining 1.2 million shares today to profit from a press release showing some "HG glory holes" coming out of their other Ontario projects; yes those other equally and historically renowned for HG systems?  One has to hope...

As a side, what's impressive is that Darwin says it can usually take 100K- 200K meter drill campain to drum up a mineral resource containing 750k ounces in most systems; but they did so with just 2500 meters this year.  He then goes on to state that they intend to drill a min of 7000 meters at JT this July (1 month behind schedule) and they will "likely drill a heck of alot more than that", aka, as we confirm that the offset fault is indeed a continuation of this ore body/system.  So it's easy for one to see how at the end of 2020, how HIGH can have a min of 2- 2.5  million ounces indicated HG resources with just 7000 metres drilled..., and 3x times this if they continue to hit HG in the other targets as well, as they're identical on surface to JT.  Hell they have the money and will hae the time to drill 20K meters if they need to in 2020, which may well unveil 5-7 million ounces of indicated resources AU.
Folks, HG exploration plays are really the place to be right now with gold going to 1800-2000 in short order; especially ones that have such small floats!
FTR, I am loaded up with HIGH and AZM; long and strong these 2 NA HG plays.
Rock-on Darwin!
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