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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by missourimineron Feb 13, 2011 11:16am
416 Views
Post# 18125071

RE: HRG is not undervalued

RE: HRG is not undervalued The IPO was never launched, it was simply delayed therefor your statement that the IPO failed is an unfair spin. As for the underlying suggestion that We (minority shareholders) give your analysis the same, or more confidence as Mr. Charlwoods well your arrogance has reached a new level my friend. Concerning the value or lack thereof in Nord Gold, and HRG. In a mania stage of a Gold Bull run the Gold Mining mkt. cap is so small that once the frenzy to own shares in these mining companies begins Value, or lack thereof is often dismissed. Hence the definition Mania stage. The following are a few examples of Au mining companies in the 1970's- 1980 that catapulted way beyond their Paper Value during the last Bull Run Some examples were: Lion Mines -1975 price
.07 / 1980 price $380! -- YES that's right, it's not amisprint you could of bought 10,000 shares of lion mines in 1975 foraround $700 dollars - and if you held on for the whole 5 years untilJanuary 1980 you could have netted a total profit of around $3,799,300.Not bad hey!!!!! A few others were Bankeno - 1975 price $1.25 / 1980price $430. Wharf Resources - 1975 price
.40 / 1980 price $560.Steep Rock - 1975 price $.93 / 1980 price $440, Mineral Resources - 1975price $.60 / 1980 price $415 . Azure Resources - 1975 price
.05 /1980 price $109 . The following blurp can be found in the full article form from the following https://www.gold-eagle.com/editorials_05/baltin112605.html
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