GREY:HGGOF - Post by User
Post by
fuggeron Sep 14, 2022 4:12am
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Post# 34961061
It’s kinda strange…
It’s kinda strange…Even when High hits some good holes even its shareholders don't appear happy.
I for one didn't expect over 20gt reported from DC, so 4 holes exceeded my expectations, is there a danger that people much more after the bonanza hit?
The other concern I'm hearing is cash burn and why are they spending funds in Timmons, it would be ironic if they found a commercial deposit there that happened to be a low grade pit!
Then news on land packages in the Yukon yesterday trying to add some value after SGD success.
Let's face it if we were an Aussie company they would have started mining out the main deposit at JT and shipping the ore which then in turn would cover exploration costs and development at the other properties.
alas most juniors go through a death by a thousand cuts unless they hit big.