I respect your opinion, but, personally, considering they already have a very large holding of HGLC, it makes more sense that they add to it vs. buying in a "better gold play" as you stated. The purpose of buying more undervalued HGLC shares is to increase the company's holdings and attempt to sell the ENTIRE amount of FFGO's holdings at a price no less than .03/share. If they buy HGLC at the current closing price of .0046 and sell it for .03/share, that is a return of 650%!! Much better idea IMO. The more HGLC shares to sell, the higher our potential CASH dividend.
JMHO of course. :)
GL!
V
