GREY:HRIVF - Post by User
Comment by
rocknrolleron Apr 06, 2010 11:59am
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Post# 16960838
RE: RE: again volumes are dismal
RE: RE: again volumes are dismalits Prognoz not Prognaz, and it will never be developed as the infrastrucure in Yakutia will not permit for such a mega project. Mosher and Whalen pumped tons of money into it and stole most of it.
As for the old Russian mines, there is no more gold left in 2 years, so you have 150-200k oz of production left.
2 stocks that I bought last year: Mechel and Centerra. Up 800% on real companies that actually want to see their share price go higher.
Ill buy it when Severstal writes down the old mines to zero in a few weeks. .50 cents anyone?