GREY:HRIVF - Post by User
Post by
Power1on Feb 18, 2011 10:20am
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Post# 18157410
Back in the game
Back in the gameMind boggling reaction to positive news. So I jumped back in yesterday and today. Might be a little premature but let's roll the dice.
By my calculation and taking into consideration todays news, Q4 and jan cash flow we are sitting close to .34 per share cash and cash equivalent. Strong cashflow virtually no debt, good production profile. Some like me would say WTF.... less than a billion market cap?
Lets see
- No analyst coverage
- Investment community very cold to HRG (I wonder why)
I see Eric is still hold out in his Canadian equity fund. But embry and hodson arn't fans.
So my little russion firends. You want to monetize your gold assets and support the steel ship?
WHat to do with all the cashflow.....Let's start with a little dividend to shareholders.....not too much as we need to build the advanced plays but something in the range of .04 - .05 cents a share. This will help feed your ship and BTW the value of your shares will go up. A good sign and gesture to the investment community.
Next let's start selling the gold assets into HRG. You monetize the assets and still have majority interests. But wait....maybe you get some institutional investors involved and let them get a piece of the action.
You have the foundation in HRG for a $3-$5 billion market cap. In fact, I believe HRG should be valued close to 2 billion as it stands today.
Let the games begin.