High River Gold Mines Ltd HRIVF

RE: RE: ThyFish Quote

[discern1]

You might be right.  We could see 0.60 cents again, particularly when there is over $300 million in cash and investments (works out to about
.40/share).  Oh and this company will make over
.20/s next year.  So if you add its current cash position, plus how much profit it will make next year it does add up to
.60.
However, I think that more than a few people will see that there is value in adding a new million oz (possibly 3Moz according to Severstals presentation) mine at Bissa.  I think people could see that there is sustained value in the current mines that will soon be releasing increased resources.
I also happen to think that people may just decide to add a few more cents onto the sp when Prognoz is added and the highest grade silver deposit in the world with the fourth largest reserves is begun to be explored and then quickly developed.
I find it absolutely incredible that HRG basically has the same market cap as a company like Canaco.
All that Canaco has right now is some decent drill results but they are years away from production.
Prognoz alone has more value than Canaco.