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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Hidefield Gld | LSE:HIF | London | Ordinary Share | GB0003644506 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.475 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 1.475 | GBX |
Hidefield Gold (HIF) Share Charts1 Year Hidefield Gold Chart |
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1 Month Hidefield Gold Chart |
Intraday Hidefield Gold Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 25/8/2011 | 16:19 | HIDEFIELD GOLD - HUGELY UNDERVALUED | 1,191 |
| 28/9/2009 | 08:39 | HIDEFIELD GOLD CONFIRMS ALL SHARE APPROAC H/POSSIBLE VALUE TO US 5P ???? | 38 |
| 08/5/2009 | 12:22 | Hidefield Gold | 4,333 |
| 14/12/2007 | 14:19 | Hidefield's Hidden merits being discovered | 52 |
| 11/2/2007 | 14:36 | Only worth 1.75p on fundamentals | 5 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 23/11/2009 07:27 by maxbubble Goldcorp's $238 million acquisition of gold junior Canplats last week is a reminder of the next phase of the gold price boom in which the largest gold companies will buy out the minnows of the industry. Big Gold needs to replenish its reserves in an era of declining global gold output and rising prices. Leaving these acquisitions much longer will mean that the best targets have gone, and the cost of the remainder will be that much higher. Bargain takeover Canplats shows that cheap gold is still available in the junior mining sector. Goldcorp got a bargain apparently with 1.7 million ounces of gold reserves bought for an average price of $133 an ounce. Of course it is better than that because as a publicly quoted group Goldcorp is more highly valued than a small company, so the reserves are actually revalued by a factor of five in the takeover. So the next gold rush is not gong to be guys heading to California with picks and shovels but investment bankers running their slide-rules over the junior mining sector. Buy these stocks now and you ought to become very rich! The obvious plumbs are those with under-priced reserves that can be revalued. But there are also many junior explorers sitting on gold claims that have far greater potential value to Big Gold. These assets can also be revalued in a takeover but also hold the potential for new gold discoveries at a time of surging gold prices. Gold claims In fact in previous gold price booms the biggest surge in share prices has always been among the gold exploration stocks, the juniors that own these gold claims. Surely the investment bankers looking at what gold companies ought to be buying will soon come across this not so generally appreciated fact and begin to make some interesting recommendations among the junior gold explorers. There is even a new ETF for junior gold companies, GDXJ, but the best buys will be the individual stock picks, although a rising tide will carry all ships higher. |
Posted at 10/11/2009 15:00 by boadicea neudarian - Zedder has explained my point.The HIF share price has generally stood at a discount of between 5 and 10% to the MIRL shares into which it will potentially convert. Today MIRL are quoted online at 74p to buy (i.e. 1p inside the official spread) and trades in HIF are going through at 1.63p. Cost of 42K HIF = £684.60 + expenses Cost of 1K MIRL =£740.00 + expenses Saving = £55.40 which represents a 7.5% discount for the risk of the takeover failing. |
Posted at 21/10/2009 23:45 by maxbubble Minera IRL Swoops On Hidefield, Adding A Potential 70,000 Ounces Per Year Of Long Life Gold Production To Its OfferingBy Alastair Ford For some months now there has been a vague feeling in the market that something's been afoot with Hidefield Gold. No one's been quite sure what, but some of Hidefield's neighbours on the 350,000 ounce Don Nicolas gold project in Argentina seemed to detect a rising sense of expectancy coming across from the ground there as the South American winter rolled on. Work on Hidefield's ground has been largely hidebound for at least 18 months now, due primarily to cash constraints following the credit crunch and because the market has been unsure that a deposit of real substance exists there. Not so Courtney Chamberlain, executive chairman of Minera IRL, who's been familiar with the Hidefield ground since he worked on it during his time at Newcrest in the 1990s. Given that, and given Minera's current share price strength, it was perhaps no surprise that Courtney was able, on 20th October, to remove the market's uncertainty over Hidefield by announcing a £7.23 million recommended all-share offer from Minera IRL. As the market has come to know over the past couple of years, Courtney's a man to be reckoned with when it comes to junior mining. He steered Minera successfully through a slightly tricky period following the company's debut on the Aim in 2007, when a leading project was dropped, and then on through to the successful commissioning and commencement of very profitable mining at the Corihuarmi project in Peru. He's also not been shy about sallying forth and making acquisitions, driven, perhaps, by an awareness that the juicy margins and cashflow produced by Corihuarmi won't last too much longer. Corihuarmi is a great project, but it's small, and has a short life. In light of that salient fact, Minera IRL has been diligently advancing the 8,999 hectare Ollachea gold project in Peru's Puno district in the south of the country. This has the potential to be of an order of magnitude much larger than Corihuarmi, as a scoping study that's due out in a few weeks will no doubt demonstrate in some detail. However, any gold production from Ollachea is still some years away, leaving the distinct possibility of a hiatus when Corihuarmi starts to wind down. So, says Courtney, the clear idea behind Minera IRL's offer for Hidefield is "to bridge the gap between Corihuarmi and Ollachea". It is, as you might say, the missing link in the chain. He's hopeful that Hidefield's Don Nicolas project can deliver production of between 50,000 ounces and 70,000 ounces per year in fairly short order, and as the summer field season gets underway in Argentina he's made US$750,000 available to Hidefield to get work adding ounces to the resource re-started in earnest. And Courtney has a real edge over anybody else who's run the rule over Hidefield lately because he's been familiar with the Don Nicolas project since he worked that same ground during his time with Newcrest back in the mid 1990s he knows what he's buying, knows what it's worth and knows what to expect. The valuation of the transaction, he explains, was simple US$25 per resource ounce, plus a little bit extra for a few other odds and ends. That's in line with recent industry transactions, and if Minera can prove up significant further ounces might in the long term look like a bargain. "I hope we can get 400,000 to 500,000 ounces in to the resource category fairly soon", says Courtney. He adds that on this type of deposit, in this part of the world, "once you get a mine going, you can often go on forever". Don Nicolas has yet to be explored at real depth, and it's at depth that the key to the project's longevity may well lie. For those looking for a slightly more impartial opinion, it's not long since John Sutcliffe, of neighbouring Mariana Resources, told Minesite that the Hidefield ground had always been significantly under-rated by the market. Partly though, that was simply because Hidefield lacked the cash to do anything with it. Minera is unlikely to suffer from such constraints, and should be able to add value fairly quickly. Courtney's still basking in the afterglow of his company's share price strength last year, when Minera was the best performing Aim-listed miner. Indeed, it was one of only three with shares that ended the year up on where they started. That sort of performance buys a lot of friends and goodwill, and so far Courtney has yet to squander any of it. |
Posted at 14/10/2009 12:23 by gb904150 No. HIF had 410m shares in issue. Now it has an additional 59m shares in issue, so 469m total (dilution), but has additional funds of £590k. So it has diluted the value of each share, but pays down debts of £590k. Ceteris paribus and all that. So the net effect on the share price should be 0, except as an entity HIF is slightly better capitalised as a result. Should that be a bigger bonus than the share dilution I figure the share price should rise. Unfortunately too little is known about this beast and there all the announcements and soundbites relating to HIF seem to be from several years ago. Is there not something more recent that details their strategy? |
Posted at 03/10/2009 21:59 by ouro Ken Judge fighting for HIF long term shareholders, large and small? My early research into HIF, six years ago, led me to the conclusion that over time the directors could be trusted to deliver increased value for committed investors. Look to those running the business before giving them any hard earned money. I did, satisfied that the Prouchnau-Judge, exploring-dealing combination had a lot going for it. If there is still the ambition to make something of HIF then Mr Judge will succeed in staving off any bid and will be looking to raise money to take the company on further towards mining. The share price could quickly track upwards with a combination of good drilling results, market awareness of the assets it holds and an increasing gold price. I am hoping that what we are seeing here is some clever work to reposition the company as a viable business and safe from predators. If the properties at East Santa Cruz do have great potential value, then in my book the directors will be doing everything possible to realize this for existing shareholders, themselves included. My feeling is that Mr Judge has got his sleeves rolled up and will not let people down who have shown loyalty and committment. |
Posted at 20/9/2009 18:19 by daddy warbucks Further to my post above, the 'disposal' of the Golden Zone property makes some sense if it is a toronto listed company after HIF for their columbus gold shares.Should they have bought HIF with the Golden Zone, they may have disposed of Don Nicholas after they had the CGT shares, but the Golden Zone being where it is and with its potential could have been a good acquisition for them. I know all of the above is fanciful, but supposing it is true. ;0) Some of the directors may yet have negotiated to buy back Don Nicholas after HIF is taken out and then who knows, perhaps a JV for the Golden Zone!!!!. On a more serious note, apologies for my conspiracy theories. I am very disappointed that a company which appeared to have so much potential could end up the way it has. I am looking for anything which may improve the share price. I know a lot of it is due to the lack of credit, making it difficult for small firms like HIF to survive, but we do appear to have made some poor calls on the way. IMHO. |
Posted at 18/9/2009 15:21 by machupichu Okay going out on a limb here and providing my tip for the possible offerorPatagonian Gold plc EPIC PGD Why do I think they might be the bidder: 1. Both companies hold mining tenements in the Santa Cruz Province in Argentina 2. PGD already has estimates of USD299 per oz to extract their gold so they have costings already so know it is profitable to mine in Argentina with gold prices over USD1000 and climbing 3. Possible synergies to help keep costs down such as contracts with local suppliers. 4. Makes sense that they would make a share offer with a market cap of £98m they are currently 11 times the size of HIF 5. They know what the grades of gold are coming out of the ground because they already have tenements in the same area. 6. Will be able to commence mining sooner then we currently would be able to with HIF Lomada De Leiva gold project in Argentina's Santa Cruz province progressing towards development with the aim of commencing production in the first half of 2010. The decision follows on evaluation of the positive scoping study for the property, which estimates low pre-production capital of US$8.5 million and production of 21,000 ounces gold per year for a mine life of 7 years, at a cash cost of US$299/oz (so a reserve of 147000 (21000 x 7 years). The Cap-Oeste gold and silver project on which a compliant resource of 304,099 oz. of gold and 6,929,825 oz. of silver has been defined - drilling is currently in progress to upgrade the resource. Total estimated reserves for PDG Santa Cruz Province - Lomada Gold 235000 ounces Santa Cruz Province - Cap Oeeste Gold 304099 ounces gold and 6.9m oz of silver Makes sense to add in HIF reserves of 200700 oz indicated (plus 158,400 inferred) see: PGD also has a third exploration effort in Santa Cruz - La Manchuria gold and silver project where the company completed a second successful drilling campaign frequently intersecting high grade gold and bonanza grade silver, including 1.1 metres at 82.47 grams per ton of gold and 10,485 g/t silver in drill-hole LM-30. following info obtained from proactive website Sept 2009 Lomada de Leiva, containing a resource of approximately 235,000 ounces of gold, is now in the development stage towards a producing gold mine. Initial production is set for late 2009, with full scale production of 20,000 ounces per annum to be reached by the end of 2010. At Cap-Oeste, an NI 43-101 compliant resource upgrade is scheduled for completion in October 2009. Exploration drilling has returned highly encouraging results. Follow up drilling is planned for all of the prospects commencing October 2009. The chief target has been the Main Shoot on the Bonanza fault in the Cap Oeste zone, which hosts an NI 43-101 compliant resource of 304,099 ounces of gold and almost 7 million ounces of silver. March 2009 PDG has strong shareholder support with the capital raising for £9.3m at 7.75p per share netting subscribers over 100% return already. PGD indicated that the placement was oversubscribed so any additional raising needed to fund capez for HIF you would expect would be easily raised. Given the indicated reserves of HIF i would hazard a guess that HIF could be valued between 20-25 million or 4.7 p to 6 p per share. With a share offer shareholders would benefit from any growth in the gold price and results from PGDs own tenements. I have only just got into this share so this is just my own opinion from my research. If they are not the mystery bidder maybe they should take a look IMHO DYOR IF And it is a BIG IF PGD are the bidder then they have kept this very quiet as their own shares have not moved Just an IDEA and trying to stimulate some discussion. GLA |
Posted at 17/9/2009 22:50 by topinfo Abu. You have to say 6p minimum really as based on price of gold now HIF are on very low PE for sector. If share price can rise to around 4p mark over next few days then the offer may come in as high as that. All will be revealed over next few trading days as Mms will have already got their tenticles out to try and find out what price offer will be pitched at and mark share price up accordingly. |
Posted at 17/9/2009 20:00 by davron8 OHSODIT, My main shares in the Aim market are in the following small oilers. AEX,AST,LGO,MXP.MXP, NTOG,RXP,SEY,VOG & XTR. In June I set myself a target to make up my losses over last 18 months and spent time researching and concluded that small oilers/gas exploration producers offered the best chance of success. One they had all suffered big share price price falls and were well down on their previous highs. Secondly I believe the price of crude oil and gas will rise to new high levels. AS all these companies have made good progress during the recession period towards becoming producers I expect them to enjoy a good share price rise in the coming months and to pass their previous high share price and to go even higher.Not intended as advise and do your own research. I now have 40% of my portfolio invested in this plan. Since June I am around £70,000 up so it has started resonably well. The biggest risers are AST bought at 3,56P ave and now 9p.and MTA bought at 1.7p and now 3p My largest holding in cash is XTR but am only a little up as I have kept on adding and now have over 1 million shares. Good luck all. |
Posted at 17/9/2009 12:25 by mike_f For those that missed it. Statement regarding share price movement Hidefield Gold plc ("the Company" or "Hidefield") notes the recent rise in the share price of the Company and confirms that it is in discussions with a third party which may or may not lead to an offer, which would be on an all share basis, being made for the Company. This announcement has been made with the agreement of the potential offeror. A further announcement will be made in due course. In accordance with Rule 2.10 of the Takeover Code, the Company confirms that it has 410,235,511 ordinary shares of 1p each in issue and admitted to trading on the AIM market of the London Stock Exchange under the ISIN reference GB0003644506. |
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