GREY:HRIVF - Post by User
Comment by
cjsellon Mar 09, 2010 8:59am
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Post# 16859734
RE: Severstal Financial Report Mar 9 2010
RE: Severstal Financial Report Mar 9 2010Their news release is truly a work or art such wonderful word smithing. If they did that with HRG we would be a $5.00 a share!
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- Bottom line they lost over a billion bucks FY2009
- Severstal now issues JUNK bonds to float their debt
- Lost 162 million in Q4
- Gold is the only bright spot.
CJ