GREY:HRIVF - Post by User
Post by
metalmaniakon Feb 14, 2008 12:55am
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Post# 14370719
Prognoz spinoff and Russian production
Prognoz spinoff and Russian production1. Don Whalen just told us that the Prognoz spinoff will happen shortly and that HRG will retain and interest. Forget about shares issued to us. Its already public info as stated by Chairman, so lets not dream or create false hopes here. No new shares for us.
2. Someone mentioned speaking to IR at HRG and was told Berezitovy is at 50% production presently and should be at commercial production in March.
3. Don whalen also said that it would be a Canadian producer, so once again I dont understand he posters here that are either idiots or canot read. It will not be in Africa, it will be in Canada.
This is a great move if they can do it. No political issues which is why HRG is at a deep discount.
These events in March will propel HRG to new highs in March.