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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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High River Gold Mines Ltd HRIVF

Metals & Mining Gold


GREY:HRIVF - Post by User

High River Gold Mines Ltd > ipo fails and hrg to 1.00
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Comment by discern1on Feb 10, 2011 11:08pm
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Post# 18114029

RE: ipo fails and hrg to 1.00

RE: ipo fails and hrg to 1.00IPO fails and Severstal may be finally forced to actually promote HRG so that they will some time have a successful IPO.  Severstal might actually be forced to raise this sp to what they value it at.  If they want 4B value for Nord Gold, then HRG should likely be well over 2B.  Pump up the value to $2.50 at a minimum, proving to future minority share holders that Severstal will support sp.  then float this baby again.
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