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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by Gbug1on Oct 22, 2010 9:23am
513 Views
Post# 17597302

RE: RE: IPO timing

RE: RE: IPO timingBart,

I am long in hrg shares, so not much in common with prouditalian
what i meant:
-When large IPOs happen, access to US investors is important, especially in gold
-In US there is 135-day rule, which says that listing can take place no later than 135 days from the date of underlying accounts, which is around Nov 15. for Q2 numbers
-The company needs to announce about 1 month prior to that in order too conduct marketing and  road show

thus i concluded that ipo is not coming this quarter
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