RE: Why is the stock price so low compared to HRG is only "great" if you were in over a year ago. POG has come off, call it 15% less on the revenue side, the open pit mines depend on diesel, and that is probably a big expense item and oil is up 30%. You do the math, NORD GOLF plays fast a loose and HRG only complys when they must, otherwise it's FU to its shareholders.
Speaking of FU money they take "professional" fees, "management" fees, intercompany "loans" and NORD GOLF probably sucked out 30-40 MILLION of CASH, and they won't stop. Sprott's precious metals fund profits plunged 99% so don't count on Spott for SQUAT.
So earnings will be less Y-O-Y quater to quarter. No promotion, no interest because the stock price is capped and NORD GOLF can suck out the cash more easily than offer $400 million to buy us out, which they do not have.
Just my opinion, I still own some, but punted lots at $1.32-1.39 and recently bought into ABX with the profits. I personally would never get involved with a company owned by Russians ever again. But may be forced to hold my nose yet again at under a buck, but only for HRG, sentimental or was it sediment. For the longs I do wish for that $2.75 or above, but I just do not see waiting and waiting and waiting.
CJ