GREY:HRIVF - Post by User
Comment by
Honkeybillon Jun 23, 2010 1:54pm
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Post# 17215001
RE: RE: HRG Value $4? (Comp : OAO Polymetal)
RE: RE: HRG Value $4? (Comp : OAO Polymetal) I have no clue what the time frame might be but there are things happening that make me think it might be within the next couple of months.
The Q2 results should be out by mid-August and with the POG over 1200 for most of that period of time and production (I think) back close to full.........AND DGC cracking 25 bucks by the end of June..........I think those numbers will be stellar (add it some positive exploration news in the next month and a half..possibly) and this could finally move up to be fairly valued.
The other interesting factor..........Severstall wants to do the IPO and I think they need HRG to be much higher to make it worthwhile.
I don't think 4 bucks is on the immediate horizon.........but just over 2 bucks seems like a safe bet to me.........by Sept 1.