RE: PresentationShort version: the light is going on. The value will assert, and the powers that would be will chase the money, not the dreams. There is very quick appreciation possible here, with leverage, lots of potential. I think owners chase this, while opportunity is there.imo
Well, what do people expect, seriously? Nobody in their right mind, IMO, looking at the rising metals prices, and I think at least the medium term (two years) prevailing trend in this sector; holding Prognoz, producing mines, and with a nice block of shares in Detour, would not take advantage of the potential and almost IMMEDIATE effect of just starting to get the act together. The debts are well manageable within the context of future cash flows.IMO
You can't own and put this together for anywhere near the cap of this company, including all the debts. Try a billion at least.IMO And it has lots of potential to get bigger.IMO
I have said repeatedly: just let these increases which I think are very likely to continue, and move far higher, albeit with volatility (so do not freak out all when/if we get pull backs imo) have their impact, because nobody can deny these sorts of value propositions. imo You would have to be very foolish to not give it a shot, BECAUSE you can do many other of the things folks worry about later if it does not work out. But the obvious and immediate potential is to get on board what appears to be the ONLY sector moving up and rapidly. Gold stocks, and Canadian listed ones at that.
So, I expect to see a move to raise the stock price, in conjunction with addressing the debt situation. Or some scheme. Do they get greedy and go for a bit more dilution? Maybe, but they also know it ends up making the job harder. So its the old game of that trying to make the two curves meet, at the maximum advantage point. IMO
Now of course, we shall see, as anything is possible. But the stock looks to go up, IN ANY CASE. Its the amount that is interesting. And that is the play. BUT:when you see that a stock is apt to increase whichever, whatever and however the resolution is arrived at, then you buy.IMO The risk: you are wrong, of course. But that is ALWAYS the risk. Hey Warren Buffet invested in GE among others just a short time ago. Checked out their share price lately? How about good old big cap U.S.A. - Most all Dow stocks trading in very low ranges. And how many of these have ANY chance of moving up multiples, over the next year???
I think HRG moves up sharply when all the pieces are together. It is that simple. Till then, its penny up or down, and conjecture. Time will tell, but I am not going anywhere, or getting talked out on any rumour or BS. Waited this long, and see huge potential, just around the corner. Anybody think that with Canadians and Russians they do not see the same thing???IMO