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High River Gold Mines Ltd HRIVF

Metals & Mining Gold


GREY:HRIVF - Post by User

High River Gold Mines Ltd > Observation....
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Comment by ThyFishon Nov 04, 2010 10:23am
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Post# 17656526

RE: RE: Observation....

RE: RE: Observation....

Katchum, you believe HRG is priced correctly at $1.25?  What is that based on?  Are you factoring in the possibility of Prognoz and extended mine life?  As we all know, the stock market is suppose to be 6 months ahead of what is going to happen.....well in this case it is not and that is what makes HRG such a great bargain right now!!  Do you think Severstal would commit 20 million to drilling projects if they did not believe they could increase reserves and mine life dramatically?  Do you think Prognoz won't be settled before IPO?  Don't think that all this info isn't being held back on purpose....this is part of the master plan.  The IPO wouldn't have a chance without it.  Once it starts it won't stop and we will have a frenzy!!

 

What do you think would be a fair value for HRG if mine life is extended and Prognoz is settled in HRG's favor?

 

ThyFish

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