RE: Always look beyond the claims....I like HRG chances, that should be obvious.
I did not start the contest, comparison or whatever with other specific situations. BUT if they are presented, then they are subject to being examined.
OGC: Over 470 million in debts and liabilities. Fact Gold hedged in a world of increasing prices, also Fact.
HRG is controlled by a billionaire. Fact. They already just a few months ago invested at .20 when gold was lower, expenses higher, and Ruble higher. Now Gold higher, expenses seemingly lower, and Ruble lower.
Other projects and assets:OGC The dipdeedoodle needs to be funded, it may be a fantastic property, but needs money and time. Fact.
HRG owns over 3 million shares of Detour now at over $10 per share. They also own controlling interest in Prognoz, a world class silver deposit, with the other holder in debt to HRG. How much silver? Could be huge: it could be a billion ounces of silver, with hundreds of millions now proved up. Value??? Big issues with costs, and feasibility, but a huge jump in silver will vault it into view, without a doubt.
HRG: can produce now, and for 10 years at the rate of 300,000 ounces per year aproximately. Plenty of time and potential for many other moves.
Severstal: no way they will pass on this, get serious, they invested when EVERYTHING was worse, at higher price per share. I think the only question is which way they go, but see higher price coming fairly quickly in any case.
There you have it. Do I care if people buy OGC or any other stock? Of course not. If they are overly sensitive about the facts, that is their problem. But I have yet to see a real case of an obvious situation with the upside of HRG and the odds of it happening, WITHOUT the gold price even rising from here.IMO
By the way, completely as an aside, but sorry humourous, at least to me. The person who put me on ignore. They have 25 people ignoring them at last count. Must have pissed somebody off somewhere.