GREY:HRIVF - Post by User
Comment by
bart_dcon Feb 03, 2010 11:06am
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Post# 16747754
RE: Severstal,..Achieve more together
RE: Severstal,..Achieve more togetherHRG production was 2/3 of total production if I'm not mistaken.
Was mentioned in Russian research report when it tried to value whole Gold business of Severstahl.
Was valued at 1.5 billion I think and High River is 2/3 in production terms.
So HRG is valued at about 1 billion CAD, meaning 1.25 per share
Am I using the correct numbers?
Can someone check?
Thx!
Bart
(Belgium)