GREY:HRIVF - Post by User
Comment by
katchumon May 26, 2010 12:31pm
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Post# 17132573
RE: RE: RE: HRG share price
RE: RE: RE: HRG share priceI'm sure you're probably right, but if it isn't 40% drop, it will be close to that. The P/E ratio will be around 8 + drilling costs. I don't know what they will do with all the equipment from the old mines, are they worth anything or do we have to keep booking losses on them?
Who knows, but I do know we have 6 billion gold in the ground and we're at 500 million market cap, so one day we will get over 1 dollar, that's for sure.