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High River Gold Mines Ltd HRIVF

Metals & Mining Gold


GREY:HRIVF - Post by User

High River Gold Mines Ltd
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Post by cjsellon Feb 05, 2011 12:53pm
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Post# 18081457

Bets on NordGold IPO anyone?

Bets on NordGold IPO anyone?Just curious about other what other folks on the board think.  Will the IPO succeed? If so at what price. 

I personally do not believe it will be fully subscribed to at full pricing, and NordGold will have to lower their price to get it moving.  As many have speculated, Mordashov needs to pay back hundreds of millions. Also look at  Severstal's share price lately,  hasn't exactly bumped up either, down from $20 us as of 3 weeks ago. 

Thanks

CJ
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