GREY:HRIVF - Post by User
Post by
metalmaniakon Nov 23, 2008 4:12am
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Post# 15604647
Its all up to new management now
Its all up to new management nowWith a strong balance sheet and a new management team, they will now have to get the assets running, win over the analysts.
Nobody will invest in these shares until they meet the new management team face to face.
The first thing they have to do is have a conf call with investors and analysts. Go on a road show to investors.
But more importantly, get their operations running.
They will need new cash soon so likely another dilution, and in their interest to do it much higher. So it is up to them to get the share price moving.
I have heard from some Russians that they intend on keeping the company whole and not buying out the rest of shareholders.The poison is now gone from the company as Mosher, Dmitriev and the whole corrupt team is now gone.
New start ands lots of work to be done by new team to win over confidence. This has been a complete disaster and it will take some work to get the confidence back.
Great assets for sure, and now lets see good management.