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High River Gold Mines Ltd HRIVF

Metals & Mining Gold


GREY:HRIVF - Post by User

High River Gold Mines Ltd > Lose-lose situation
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Comment by rightvalon Dec 02, 2011 2:27pm
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Post# 19287583

RE: Lose-lose situation

RE: Lose-lose situationIf they buy the rest of HRG shares at $2.50, they will pay 209.6 m shares * $(2.50 - 1.30) = $251.52 m Because they did not do that, they have been losing billions of dollars on both Nord Gold and Severstal.Have they lost their common senses or is there anything wrong in my reasons?
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