GREY:HRIVF - Post by User
Post by
metalmaniakon Nov 19, 2010 3:58pm
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Post# 17732018
CEO on roadshow with RBC
CEO on roadshow with RBCToronto finish today and London next week. Expect further rise as company is promoting a severely undervalued company in a turnaround.
If anyone listened to cc, 3 analysts asked about a financing as they are dying to get clients in at these levels. Deon said no chance...not at these levels.
There is a chance they run out of cash and will need 20 -30 mil, but it wont be at these levels or this quarter.
Dont see any risk at these levels whatsoever, and if they can squeek by without any financing, we are at 2 in 4 months. Great risk/reward and totally impressed with Deon.
Bottom line is the IB Banks are scum in Canada and trying to keep it down to get a financing. The market and savy institutions are realizing this and are buying.