GREY:HRIVF - Post by User
Comment by
Olderwisernowon Nov 16, 2009 7:49am
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Post# 16489563
RE: RE: It is positive... really!
RE: RE: It is positive... really!Nothing here not expected. These guys are simply hilarious.IMO The price of gold and silver continues up, the debt levels continue down, and most important, they can't stop the cash flow from increasing. The argument here will get down to value when ALL the games are said and done. I laugh as they continue to try and write down, twist and turn the financials to put forward as bad a picture as possible. Soon even they will run out of being able to do much about the overwhelming situation, which is ALL about production, reserves. costs and the price of gold. As well, they have time frames of their own, do not forget. So as we roll along here, gold up around 1130 US and production looking to increase in 2010 with I bet at least another $150- per ounce over this last quarter. Keep trying Severstal, hi ho hi ho valuation in court is where we go. And there, I would love to see their valuation against some other analysts take. It gets harder and harder. The rope is out, and they are using it up rapidly.IMO It may well work for us, very well.IMO