GREY:HRIVF - Post by User
Comment by
tom_abc2003on Sep 04, 2011 11:03pm
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Post# 19011618
RE: Thinking Outside the Box - NOT BASHING
RE: Thinking Outside the Box - NOT BASHINGReality Check:
1) Gold head record high close $1900 and HRG gold production up little by little, expected production 400,000 lb
2) More than $200 millions cash flow for 2011
3) The Russia Court is declared the HRG own 50% of one biggest silver mine in the world.(NO MORE UNCERTAIN)
Next HRG to mine silver.
4) Other big gold mine will be operational next year or so.
5) Cash at hand $207 million ++++ HRG investment in Detour Golds in $100 millions, share from $29 now $37, so will continue to go up.(Detour will be one biggest gold mine in Canada)
6)Severtal think HRG so cheap they continue to buy 8 to 10 millions in open market. All share will end go to Severtal, what will be last minute take over price.
7)Gold stock in general in bull market, most gold stock hit record high, HRG almost touch record high $1.50. Once the bull market run mad, HRG will have to follow bull. CIBC guy trade 100, 200, to 500 to hold down HRG will not work in the long run.
Yes indeed my beat is minimum $3 share in two or three year
OK Severtal is the bad guy, but after all we here to make money, one way or other we all will get handsome payout.