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High River Gold Mines Ltd HRIVF

Metals & Mining Gold


GREY:HRIVF - Post by User

High River Gold Mines Ltd > $2.50-$3.00
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Comment by ThyFishon Jul 25, 2011 9:57am
432 Views
Post# 18868069

RE: RE: $2.50-$3.00

RE: RE: $2.50-$3.00I agree but your calculation is off earnings which in my opinion have been stifled.  First there was the Prognoz write down and 4th qrt 2010 had a mill shut down which impacted earnings.  If we were to see a write up and full production, we could and should have earnings in the area of .30 to .40 per share!!  IMO  Even at a discount for all the slimeball moves a 10 PE ratio would be fair and we should be at $3.00.

ThyFish
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