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Hongguo International Holdings Ltd. USD SHS HGGOF



GREY:HGGOF - Post by User

Post by goldenriviton Dec 09, 2022 7:33am
224 Views
Post# 35161108

Some kind of raise might be coming

Some kind of raise might be comingThe market has totaly ignored all of 2022 results. Darwin intends to go back to drill at Ellis next june season.Then he suggest an economic study for JT.Then what are the plans for Timmons and TUT?The economic study would eat up into the $$$ drill plans and exploration activity on all of the 3 properties and a funding will likely be needed in 2023.So with no drill news that does not get the market cap up,I fear a funding is likely and think lower prices are ahead.There is some reason the results are being ignored.For the record I like the results of 2022 but its seems the funding price might be much less than the $1.60 as much as less than half.That said if the SP were to drop to 50 cents I would be adding to my position.
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