GREY:HRIVF - Post by User
Post by
tracker11on Nov 03, 2010 4:57pm
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Post# 17653256
Observation....
Observation....Comparing production results of HRG (sp of $1.24) with Eldorado Gold (sp of $18.61).....
see production tables comparing 2009 data....
ELD...
https://www.eldoradogold.com/s/NewsReleases.asp?ReportID=380523
HRG...
https://www.hrg.ca/i/pdf/Presentation.pdf
ELD in 2009 produced a total of 342,820 oz of gold with cost/oz at $280 and $349 and shares outstanding 547 mil.
HRG in 2009 produced a total of 336,000 oz of gold with cost/oz at $469 (page 12 of report) and shares outstanding 800 mil.
Am I missing something here? Shouldn't HRG share price be closer to lets say $5, 6 or even 7 ??
Feedback from anybody??
Tracker