GREY:HRIVF - Post by User
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Olderwisernowon Mar 19, 2009 11:35am
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RE: RE: HRG will be over .75 within 6 months IMO
RE: RE: HRG will be over .75 within 6 months IMOWhere will they raise the money, is the oft repeated question. At its simplest, I see it this way. Severstal and its principal are able to raise money for a situation like this. After all, they are a multi billion dollar company, and this is a big potential winner for them, not a loser, which most of their operations at this time are. Twenty million or even a hundred million could easily be raised by these guys.IMO The real question is which way do they do it. That I do not know. BUT as I have said, as the gold price rises, it can overwhelm all of these scenarios, BECAUSE the value is rising so much faster than any debt. This coupled with the FACT, that these are up and RUNNING PRODUCING operations, with gold output rising over next year, it appears, AND every potential of expanding reserves to feed those operations makes this VERY compelling. It will dawn on a few folks over time, this reality. That is the play here. IMO You can wait to see if it plays out like I predict or not. That is the choice. You can worry all the way up, but when would one invest??? When the value is fully in the price? Why? This is when you either do well or not.IMO