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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

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Post by james2001 on Jul 23, 2012 2:44pm

fair value

because our shares have been manipulated to stay in the range of 1-1.20 for the past year for a reason, i do not

feel a premium over our sharte price is of any indication of the value of hrg.....I would think a more realistic value would be a multiple of earnings plus a value for prognoz.

Comment by bart_dc on Jul 23, 2012 3:11pm
agreed james, and a value depending on the depressed price of Nord Gold stock is not a good comparison either.  Let'em use the Russian Gold miner averages... they were/are used by the analist who made recommendations on HRG in the past. How about some analyst comments on HRG right now... are they scared to have an opinion or are they not allowed?   B
Comment by peego on Jul 23, 2012 3:35pm
About the punny takeover premium offered, in the latest interview Eric sprott did at KWN, https://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/7/22_Eric_Sprott.html (towards the end of the interview) he mentioned that in their portfolio of miners, there are 9 takeover bids recently, averaging a premium of over 40%! Its laughable and insulting for the Russians to offer a 17 ...more  
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