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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Bullboard Posts
Post by Olderwisernowon Mar 19, 2009 12:54pm
301 Views
Post# 15855827

Detour Gold shares now worth 31 mill+

Detour Gold shares now worth 31 mill+Lest anyone forget. Detour Shares are also going up in value. Now at 31 million + If Detour goes back to old highs, they would have a value exceeding 77 million alone! Remember, value can change in these situation very rapidly. Debt does not change that fast, so it can work in your favour, or not as the assets change in value. That leverage is going to work in our favour here.IMO How? Everyone worries about the debts. So what if gold rockets and suddenly the debts seem small in comparison to cash flow and asset value. Do you have any idea how much the share price would change? Big  and UP. That is the play my friends. That IS the speculation.IMO
Bullboard Posts