GREY:HRIVF - Post by User
Comment by
bart_dcon Apr 13, 2011 3:42pm
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Post# 18426625
RE: Nord Gold Presentation - 13 Apr 2011
RE: Nord Gold Presentation - 13 Apr 2011very interesting presentation by Mr Zelenski.
He states that the turnaround of Berezitovy is complete and the second Mill is working very consistently.
States that some of their exploration projects are very exciting, suh as the Labola project in Burkina Faso (property of HRG). It's an interesting ore body which they expect to be a next Taparko (similar minerology).
Also mentioned the Bouly project as very interesting and stated they already have 2 million ounces in resources at the site??! In their latest PR the 31st of January they showed 253K ounces of resources!
It's time to bring out the good news then!
Regarding the IPO Zelenski stated that Nord Gold should be on the public market and that's timing is up in the air.
They feel comfortable with their current growth in business and can wait patiently. They have no fixed time.
I think everyone should listen to the presentation, great update and HRG properties get mentioned alot.
Nothing on Prognoz though. Too bad I wasn't present at the meeting, otherwise I would have certainly asked an update about the project.
Hope the above helps.
Best regards,
Bart