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High River Gold Mines Ltd HRIVF

Metals & Mining Gold


GREY:HRIVF - Post by User

High River Gold Mines Ltd > Board is matur
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Comment by factoryon Jan 06, 2010 2:30pm
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Post# 16645600

RE: RE: RE: RE: RE: RE: RE: RE: RE: Board is matur

RE: RE: RE: RE: RE: RE: RE: RE: RE: Board is maturI understand they have good cash flow. That still doesn't make all their debt go away. Do you understand that production costs also continue to go up as gold goes up? Almost as much as gold itself. So while the top line climbs the bottom line doesn't climb by the same percentage. IMO, this one is now ahead of itself and trading above fundamentals. But what do I know? Do your own DD.
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