Sean K
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OK, sign me up. Ammo and women I will bring. Golly, are we heading to that? eeeek!
OK, sign me up. Ammo and women I will bring. Golly, are we heading to that? eeeek!I've got a fully furnished cave in the Blue Mountains - you are welcome to join me, but you will have to bring your own ammo & women
OK, sign me up. Ammo and women I will bring. Golly, are we heading to that? eeeek!I mean ammo and women should not go in the same sentance.
Dunno about that - here's some of my recruits in training recently............
HEG looks like it is in quite a solid down trend there roy - showing some support at 12c but it won't take much to send it south of there. To me, that their price is in a solid down trend while the AU$ price of gold has been climbing nicely means that there is something amiss with their operation at the moment.good buying op at 12.5 cents
should be some news out soon re production at hargraves too.
they had a sp up around the 25 cent mark not so long ago.
good buying op at 12.5 cents
should be some news out soon re production at hargraves too.
they had a sp up around the 25 cent mark not so long ago.
Down tools while we work out what we actually have??In order to focus on the significant work required to complete this the underground mining at Hill
End is to be temporarily halted.
Down tools while we work out what we actually have??
The cycle is bottoming at least, just needs a confirmation from the co on resources?
well thanks for your thoughts guys, i see any gold junior a promising bet in the long term.
i bought ogc at 12 cents in 2008.
cvy and cag are worth a looky too.
Hill End - Hargraves Resource Growth Focus
Further to the excellent drilling results from Hargraves and the recognised potential for resource growth both at Hill End and Hargraves the Company is to focus on expanding its resource inventory in the known extensive mineralised structures adjacent to the areas of current activity.
The key short term objective for the Company is maximisation of gold resources at both Hargraves and Hill End through targeted drilling programs.
Underground development and mining at Hill End has successfully identified the ore body controls and the mineability of the continuous high grades zones within the Hawkins Hill – Reward deposit resource. This deep understanding of the geology and ore will greatly assist in drill testing the full extent of the Hawkins Hill ‐ Reward mineralisation system and the delineation of further resources. In order to focus on the significant work required to complete this the underground mining at Hill End is to be temporarily halted.
At Hargraves, resource expansion is being progressed through comprehensive exploration of the numerous prospects, including extensions of the BNH structure. BNH Central zone drilling results are being received and compiled for a maiden resource estimate and mine and project planning for the Hargraves deposits is underway.
Hill End Project, NSW
30 April 2010
• Quarterly gold production of 986 ounces from 6,309 tonnes at 5.2g/t gold, while developing new production areas.
• Underground drilling doubled to 2780m identifying new extensions to existing veinsets.
• Underground development for ore block access and stope preparation increased during the quarter.
• Three underground diamond drill rigs outline wide ROZ intersections and continue to delineate Hawkins Hill – Reward resources.
• Underground development and drilling continues to increase mining blocks.
Diamond drillhole HGCD32 has hit bonanza gold in a metre of core within a 13m downhole intersection of the BNH Central Feeder Zone / Reef 5 position from 77m depth.
• Hole HGD13 which is located 25m to the south of HGCD32 was drilled in 2008 with 4.2g/t over 75m from 22m below surface, though adjacent to the Feeder Zone, including 20g/t over 14m from 27m.
• Hole HGD13 has now been extended to 246m to target the Feeder Zone and has intersected additional strong mineralisation with abundant visible gold over 50m from 173m down hole.
I think that solid downtrend has just ended. HEG up 30% today (off a very low base) on 2mil shares traded, due to the announcement of bonanza grade gold in a recent drill core. There is a long way to go and HEG appear to be waiting for most of the lab reports on the drilling program.
So next time this company will convert to iron and then to scrap metal.On November 5th, 2018, Hill End Gold Limited (HEG) changed its name and ASX code to Pure Alumina Limited (PUA).
OMG. That is another rip off for the investors. If they could not manage pure alumina, how dare they are going to do on gold? Different expertise and different challenges. So it will be a back to drawing board and crashed share price on market opening. I sincerely thing corporate watchdogs should hold these company executives and directors held accountable and culpable negligence. They are no less than drug dealers.and then, full circle?
Pure Alumina Limited (ASX: PUA) has completed a review of the strategic direction of the Company, as announced on 30 September 2019, and is pleased to advise the resulting change in focus.
High Purity Alumina
While Pure Alumina remains convinced of the strong forecast demand for high purity alumina .... the Company has elected to place the development of the Yendon high purity alumina project on hold until market conditions improve or would consider alternative options for the future of the Yendon assets.
Pure Alumina undertook a review of other major commodity markets and in order of preference preferred the following commodities:
• Gold
• Copper
• Nickel
The attraction of the gold market is close to record high gold prices in Australian dollars and the lack of an apparent supply response indicating that robust gold prices may be sustained in the medium to long term outlook. Combining the outlook for gold with the fact that Pure Alumina owns the highly prospective Hill End gold project, it is logical that Pure Alumina has concluded that Gold is the Company’s preferred commodity going forward. Copper projects would also be considered should a suitable opportunity present.
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