GREY:HRIVF - Post by User
Comment by
ThyFishon Oct 31, 2010 10:59pm
423 Views
Post# 17637897
RE: RE: Scluri
RE: RE: ScluriI think what Missouri was saying is if a buyout were tabled and were to succeed as you have suggested before, the close ties of the Severstal appointees would make a conflict of interest case very easy to prove. Hope I interpreted that correctly Missouri....and i don't think that will happen either!!
Proud, you are right, there is no guarantee that the IPO will bring the valuation they hope but I don't believe anything in the stock market is a guarantee. One thing I do know is that HRG is very undervalued in comparison to other producers........yes there are unknowns such as mine life but IMO I believe the mine life will be extended with drill results. I also believe that Severstal and the underwriters aren't stupid enough to try and launch something that is so "rich" in valuation as you stated that it won't fly. IMO I think the next couple of months will be interesting because they will release a ton of positive info on Prognoz, drilling, and Q3/4 numbers as to get the valuation they are looking for.
I have no problem with you sharing your opinion as I have respected it over the last couple of years but I do have an issue with you just posting negative info with absolutely no explanation or no mention of the positive. I also find it to be very contrary from your older posts when you were heavy long. You seemed to state many positives then, so now my opinion has changed about your postings as I believe from your contradictions that your postings are purely motivated by your intentions......
ThyFish