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High River Gold Mines Ltd HRIVF

Metals & Mining Gold


GREY:HRIVF - Post by User

High River Gold Mines Ltd > prouditalian
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Comment by prouditalianon Aug 31, 2010 3:03pm
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Post# 17400823

RE: RE: RE: prouditalian

RE: RE: RE: prouditalianyou are reading it right although forgot about 30 mil in debt. Its extremely cheap. Read the Olma report.
The problem is Severstal owning 70%. They aint a friendly bunch of Russians and have tried to screw minorities in the past, thus the discount. this will always trade at a discount due to Severstal. Nobody can argue the math however.
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