GREY:HRIVF - Post by User
Post by
cjsellon May 21, 2012 8:14pm
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Post# 19931661
NORD sells HRG asset for nothing
NORD sells HRG asset for nothing I believe the revenues from placer mining were in the millions, add in equipment and HRG should have received more the 500K. This is just another move to steal assets and cash away from HRG.
Disposals of subsidiaries
In March 2011, the Group sold High River Gold Group’s subsidiary (minor gold-placer mining
company) to a third party for a total consideration of US$ 0.5 million.