HIG 0.00% 10.5¢ highlands pacific limited

HIG gets approval, set to soar

  1. 400 Posts.
    Ok my headline might sound like a bit of a ramp and I am long but I believe this stock is massively undervalued and set to go over $1.

    The PNG government has just granted HIG approval to develop its gold mine at Kainantu and the local people have given their approval. HIG expect to start construction in Q4 and figures I have seen says they will make $75 million in profit in its first year of production. Not bad for a company with a market cap of $80 million and with other large projects on the cards.

    Have a look for yourself. I think this one will be one of the best performers in the year to come.
 
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