Anybody got any views on this ? Awaiting drilling results. Anglo Pacific have bought 5m shares last month. Signifigant buying over the last few weeks,
I own shares in this but would be interested in views of any mining gurus
http://www.hidefield.co.uk/s/Home.asp

The following was taken from the fool.


HI

My broker first advised me to get into this share a few days ago. He seems to think that the company can generate huge profits from its mines in cata preta. Let me try to explain why....

My brokers in house gold mining expert has worked out some very rough and ready figures on what hidefield could earn on the 130,000 ounces of gold that is KNOWN to be already there waiting to extact. So this is without the numerous other projects that hidefield has under its belt as well !!

My broker seems to think that hidefield can and will be a low cost producer. This is because the cata preta mines are not only already there and known about i.e mapped, but the whole complex has very easy access through its roads.

Apparently an average gold miner can extract gold at around $100 an ounce. Whereas a low cost producer can extact gold at around $30 an ounce. My broker thinks that hidefield could emulate the latter.

If you subtract the cost per ounce ( i.e $30 ) from the current price of gold ( i.e $400 ) it doesnt take alot of working out that there could be a profit to be had of $370 an ounce. WOW !!

TO work out what hidefield could earn per year, my broker has come up with this important research.....

To extact 130,000 ounces would take around eight years with modern machinery. So this would mean extacting around 16,000 ounces per year. Times this by $370 dollars an ounce and you have about $6 million profit. Putting it into sterling and remmembering that hidefield only has a fifty percent share in this project at the moment through its tie- up with brazilian diamonds and you have a profit before tax of 1,500,000.

So times this figure by ten ( which is very conservative ) and hidefield should have a market cap of atleast 15 million or a share price of about 15 pence, around double its current price.
And this is a conservative forecast !!

And it is totaly without the other projects that hidefield have up their sleeve as well !!

So, to put a price on the WHOLE of hidefield which would be very difficult indeed, but would probably mean a market cap of nearer 30 - 40 million ( meaning a share price of around 30 - 40 pence ). This compares favourably with the current share price of 7.5 pence and gives substantial upside potential. But it is a total guess I know, but I dont think this would be impossible.
To conclude, I feel very bullish about this share, but I in no way want to be accused of trying to ramp it !
These forecasts are only ' top of the head ' and could easily turn out to be wrong !

If anybody disagrees with me then let me hear the bear case for this company. Or indeed if anyone agrees with me, then all the better I say !!


cheers

stakebuilder
http://boards.fool.co.uk/Message.asp?mid=8294445&sort=whole#8353897

The hidefield website has been updated recently. It now mentions a tie-up in Argentina and the presentation describes further the Cata Preta site and newly enlarged license area. The presentation also gives a glimpse into the possible float of the Nevada properties.

As regards the 130,000oz, I believe they have found alot more given the conversations I have had with those closer to the comapny.

I too am very bullish on this share.

Many thanks Gadget.

I took some profits from AFD yesterday and added to my HIF holding

Looks like some interesting after hours buys on this today.

Without doubt , interesting times ahead with HIF - good to see the word spreading , not greedy , like to share

Hidefield PLC
26 April 2004


Hidefield Encounters High Grade Gold at Cata Preta Gold Project

Commences Resource Definition and Expands Land Position in District



Hidefield plc has received results of its latest drill holes at the Cata Preta
gold project, Brazil, and is pleased to report high grade mineralization
encountered in the extension of the 'Carvoeira' gold deposit announced with
initial results earlier this year. Drill hole CP 311 intercepted a 3.25 metre
interval with an uncut average grade of 63.78 grammes gold per tonne including a
0.65 metre section containing 157.38 grammes gold per tonne.

In addition to the encouraging drill results the Company is pleased to announce
that it has entered an agreement with Senior Engenharia, a privately held Belo
Horizonte engineering company, for the Cata Preta joint venture to acquire its
100 percent interest in five exploration licences, three of which remain in the
form of approved applications, totaling 1,580 hectares located near Mariana 20
kilometres southeast of the Cata Preta project.

Since resumption of the drilling programme, five additional holes have been
completed on the 'Carvoeira' deposit at Cata Preta. The recent holes confirm
the previously reported extension but also demonstrate the variable gold grade
and thickness of the shallow plunging, strap-like deposit. The following
results are weighted averages, using a one gramme per tonne cutoff, of the
mineralized intervals in Hidefield drill holes completed to date on the '
Carvoeira' deposit.

Interval Thickness Gold Grade (grammes/tonne)
Drill Holes (metres) (metres)

CP 301 153.9-155.75 1.85 6.30
incl. 0.35 21.77
CP 302 122.15-128.6 6.45 6.28
incl. 0.70 15.95
CP 303 109.7-118.68 5.95 1.41
CP 304 - - No Values
CP 305 - - No Values
CP 309 170.15-173.4 3.25 63.78
incl. 0.65 157.38
CP 311 167.95-174.4 6.95 4.39



Visible gold was identified in both CP 309 and 311 but to avoid the high grade '
nugget effect' caused by coarse gold, those portions of the samples were removed
from the material sent for analysis. Holes CP 301 and 302 had been reported
earlier.

Two other holes, CP 306 and 307, were drilled on targets east of the 'Carvoeira'
deposit but did not intercept significant mineralization. CP 308, and two
others, CP 310 and 312 for which gold analyses have not yet been received,
tested a third target at the south end of the historic Cata Preta pit but
encountered only trace gold mineralization.

The continuing programme at Cata Preta is now focused on systematic drill
delineation of the 'Carvoeira' deposit for resource definition, as well as
preliminary engineering and metallurgical investigations, in preparation for an
economic scoping study to be carried out later in the year.

The exploration licences acquired from Senior Engenharia are being purchased
outright for U.S.$125,000, payable as to $5,000 upon completion of due
diligence, $20,000 upon formal transfer of the licences to the Cata Preta joint
venture and the balance upon completion of feasibility and the decision to
develop a mine on the properties. The licences, located near the town of Padre
Viegas some 20 kilometres south of Cata Preta, cover a number of historic gold
mines which have not been evaluated by modern methods. Hidefield is currently
assessing other potential acquisitions in the area.

Hidefield is operating the Cata Preta project in joint venture with Brazilian
Diamonds Limited (quoted on AIM and the Toronto Stock Exchange under the symbol
'BDY') which holds an approximate 20% interest in the Company. Under terms of
the agreement Hidefield is earning a 50% interest in the Cata Preta project and
may ultimately increase this interest to 80% through a combination of
exploration activity and further share issues.



For further information, please contact:
Hidefield plc
John Prochnau 00 1 360 321 4423
Ken Judge 020 7290 2280

Westhouse Securities
Bill Staple 020 7601 6101
Tim Feather

Bit shortlived that little spurt!

IC TIP

6.88p - gold mining - Brazil is currently a hot spot in the mining sector, with several small companies staking ground there. Of these, Hidefield is the most interesting. Its managers - through associate company Brazilian Diamonds - have been nurturing good relations there since 1995. And it's now putting together a set of gold prospects on land that's closed to other small miners due to its importance to Brazil's national iron-ore industry.

At the moment, the key asset is Cata Preta, defined by a Toronto consultant as a measured resource containing 820,000 oz of gold at 4.96 grammes per tonne. These figures are not Hidefeld's own, but it is confident that it can expand Cata Preta without too much trouble. Recent drill results - discounting small nuggets and using a weighted one gramme per tonne cut-off - were encouraging. They included grades of 63.78 grammes per tonne over 3.25 metres and, within that, 157 grammes per tonne over 0.65 metres. Hidefield is now undertaking preliminary engineering and metallurgical investigations, with a view to completing a pre-feasibility study by the end of the year.

With 1.2m in the bank, getting to that stage shouldn't be a problem, and the company has a strong management team behind it. Lawyer Ken Judge has restructured several small mining companies in the past, while his partner in Hidefield - chairman John Prochnau - is a geologist and engineer, and was a senior member of the board of one of Aim's earliest mining success stories, Brancote.

There's no broker research as yet, but Durlacher takes a close interest and may produce something in the future. In the meantime, Hidefield is making plenty of progress in quick time and, in spite of the recent dip in the gold price, it should add significant value over the longer term. Buy.

Up a tick this morning - still a horribly wide spread though. More news is not far away on this share, regarding north american prospects and additional drilling sites. I am led to believe that when it comes, it will be very positive. I'm long, and I have topped up again recently.

Intrims

http://www.uk-wire.com/cgi-bin/articles/200406290700132341a.html

Hidefield Reports New Drill Results from Cata Preta Gold Project, Brazil

http://www.uk-wire.com/cgi-bin/articles/200408040700045925b.html

RIO DE JANEIRO, Brazil - A new wave of miners and investors, attracted by higher bullion prices and a clampdown on illegal small-scale mining, is reviving Brazil's run-down gold mining industry.

"Gold prices are now rising and people from all over the world are coming back to Brazil to explore for minerals, especially gold," said Manoel Barretto, director of research at CPRM, the government's minerals research agency.

Production is expected to start recovering this year after slipping to an estimated 43 tonnes in 2003 from a peak of 102 tonnes in 1989 following a fall in prices, a decline in small-scale "garimpeiro" mining and larger mine closures.

"The scenario for economic growth in Brazil is very favorable and this boosts mining investment," said Jose Mendo Mizael de Souza, executive vice president of the Brazilian Mining Institute (Ibram) in Brasilia.

Increasing prosperity has fueled demand for gold jewelry, and others have been turning to gold as a safe haven,

Gold also got a boost from crude oil's rise above $50 a barrel this week. COMEX most-active December futures fetched $420.10 an ounce last week afternoon, posting a 5-1/2-month high and approaching a 15-year peak of $430.50 set in January.

But unlike the gold rush of the early 1980s, when thousands of garimpeiros scoured the Amazon region from the Tapajos river to the Serra Pelada, development is now led by new small Canadian mining companies as well as by established producers.

Barretto said the government is injecting more funds into geological research and aerogeophysical mapping, notably in the Amazon and the center-west state of Goias, to encourage private mineral exploration.

"There's a proposal to increase state investment to 100 million reais in 2005," he said, adding that a new law passed in March switching oil exploration funds to mineral research will give a major boost to geological prospecting.

Gold output is expected to more than double to 90 tonnes in 2009, which would make Brazil the world's ninth biggest producer, according to a report by London-based mining research group GFMS Ltd.

"Gold prices make investment attractive and the geological prospects are extremely good, especially in Amazonas and Rondonia states and northern Mato Grosso," said the report's author, Jeremy Bates, senior partner in Sociedade de Mineracao Juruema, a mining services company in Minas Gerais state.

NO SHORT CUTS Speaking from a tin mine in a national forest in remote Rondonia, Bates said environmental permits took time but weren't more difficult to obtain than in North America. Strict policing had also reduced invasions by lawless garimpeiros.

Bates added there are no legal short-cuts to getting a permit.

"It deters people who want to get rich quickly," he said, adding that the complex and onerous tax system can be offputting.

But that hasn't deterred new mining companies which are expected to produce around 15 tonnes of gold a year by 2009.

They snapped up concessions offered by the country's largest miners - AngloGold Ashanti Ltd (ANGJ.J: Quote, Profile, Research) , Rio Tinto Ltd Plc (RIO.L: Quote, Profile, Research) (RIO.AX: Quote, Profile, Research) and Cia Vale do Rio Doce (CVRD) (VALE5.SA: Quote, Profile, Research) (RIO.N: Quote, Profile, Research) - which are focusing on core business.

Early this month Rio Tinto said it was selling its stake in the Paracatu gold mine in Minas Gerais state in order to concentrate on iron ore and copper.

One of the most active newcomers is Canada's Yamana Gold Inc (YRI.TO: Quote, Profile, Research) , which bought the Fazenda Brasileiro underground mine in Bahia state from CVRD last year and will shortly start production at the Fazenda Nova mine in Goias state.

Together with two other projects, Yamana aims to produce 400,000 ounces of gold in 2007.

"Brazil has excellent infrastructure, mining costs are low and the permitting process is straight forward," said Greg McKnight, Yamana's vice president for business development.

Jaguar Mining bought a number of gold concessions from AngloGold Ashanti as well as from CVRD and a Rio Tinto subsidiary.

Canada's Desert Sun Mining Corp. (DSM.TO: Quote, Profile, Research) plans to start production at the Jacobina gold mine in northeast Brazil in January 2005 at an initial rate of 103,000 ounces per year.

"There is great potential for growth," said Peter Tagliamonte, Desert Sun's manager in Brazil, noting that the mine lay on Bahia's 155 km (96 miles) gold belt.

Eldorado Gold, Wheaton River Minerals and Hidefield have also invested in Brazilian gold.

http://www.planetark.com/dailynewsstory.cfm/newsid/27531/story.htm

Hidefield Gold PLC
08 October 2004


HIDEFIELD GOLD PLC
HOLDING IN COMPANY

Hidefield Gold plc (the 'Company') was notified on 7 October 2004 by Anglo
Pacific Group Plc that it had purchased a further 2,500,000 ordinary shares in
the Company on that day, taking its holding to 15,455,000 ordinary shares,
representing 10.17 per cent. of the issued share capital.



This information is provided by RNS
The company news service from the London Stock Exchange

Anglo Pacific Group PLC
08 October 2004



Anglo Pacific Group PLC
8th October 2004

Anglo Pacific Group PLC Increases Stake in Hidefield Gold PLC

Anglo Pacific Group PLC, (Anglo Pacific), is pleased to announce that, following a purchase of 2,500,000 shares at 6p, it now holds a 10.17% stake in Hidefield Gold PLC, (Hidefield), (symbol HIF on AIM).

Acquisition of further shares in Hidefield is a continuation of Anglo Pacific's
strategy of selective involvement in gold and base metal projects with good
management.

Enquiries:

Brian Wides / Peter Boycott Anglo Pacific Group PLC 020 7409 1111
Stephen Scott / James Harris Scott Harris 020 7618 6433

For further information please visit www anglopacificgroup.com

Hidefield Gold PLC
14 October 2004

HIDEFIELD GOLD PLC

HOLDING IN COMPANY



Hidefield Gold plc (the 'Company') was notified on 13 October 2004 by Starvest
plc that it now has an interest in 8,000,000 ordinary shares in the Company,
having acquired the shareholding from its wholly owned subsidiary, The Web
Shareshop Limited. The shareholding represents 5.26 per cent. of the issued
share capital.


This information is provided by RNS
The company news service from the London Stock Exchange

see above guys, sve!!!!!

Amities / l didnt realise there was a thread for HIF .. l have had a position in HIF since it was 5.5p ..ln this instance .Based simply on following the big money .The massive positions taken by banks{ made through other fiscal instruments } , numerous institutions, and other PLCs @ this level during the course of 05 .Usually those boys await impending gold production before even showing any interest whatsoever.. After a little probing ,,,,,and you will find it highly productive,,,,Good management ,improved mining environment ,,with a prospect of almost 1 million oz of inexpensively mined gold ,,,,, and with gold @ $550 pto l think this is one of the very few mining microcaps which bears the hallmark of success.Unlike other mining smallcaps this willl be bourne out by its rising s/p ( which is more than be said for a plethora of mining stocks at a similar m/c level ...@ + J ...Certainly worth a look if you like making money ......@+ J..

JP Morgan, just upped their holding to 10%, some news maybe, set to move!

Kepler Teather & Greenwood Merrion

Initiation of Coverage

We Initiate Coverage With a Buy Recommendation

We have initiated coverage of Hidefield Gold with a Buy recommendation, based on the substantial near-term upside driven by the aggressive exploration programmes.We have calculated that the stock is presently worth c16.3p per share, calculated on a sum-of-the-parts basis. However, if the current programmes are successful, we expect to be revising this target upwards. Over the next few months, the Hidefield story will be driven principally by the release of drilling results from the East Santa Cruz gold project in Argentina, although other exploration projects in Alaska and Brazil should also contribute.



http://www.minesite.com/Downloads/brokersResearchNotes/hidefield.pdf

Hidefield Gold says additional high grade gold found at E Santa Cruz Argentina

Hidefield Gold plc (HIF) said additional high grade gold mineralisation has been intercepted in drill holes at the company's East Santa Cruz gold project, Argentina.

Six of the first seven holes on the Coyote Norte vein in the Martinetas sector of the project area have significant vein intercepts including 12.23 grammes per tonne gold over 2.0 metres in CYN-06-01, the company said.