GREY:HRIVF - Post by User
Post by
cjsellon Jan 28, 2010 12:03pm
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Post# 16728417
Giving back some
Giving back someLots of folks came late to the party and for whatever reason are getting cold feet. Remember HRG reports in Canadian dollars and gold is still above $1,100 oz in Canadian funds. HRG is still making money, paying down debt, and improving cash flow.
As far as Severstal goes, they are still playing games. Not providing timely guidance, nor updating the SHAREHOLDERS of current activity. Activity such as grades of gold, through-put and efficiency of the old ball mill etc etc etc.
Remember Paradigm used $800 oz for their projections and I seriously doubt if gold will ever see less than a grand US$. Also gold typically heads lower in January.
Speaking of sleezy moves, does Severstal have to wait 6 months before taking another run at us? And has the OSC ruled if Trioka shares are non-voting?
CJ