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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by elPison Jan 19, 2012 6:27pm
344 Views
Post# 19424324

RE: RE: LSE "NORD"

RE: RE: LSE "NORD"

That is close to my calculations.

From the Nord Gold website (https://www.nordgold.com/en/investor-relations/share-information.aspx), "Nordgold's share capital is divided into 358,794,180 shares."

358,794,180 x 7.8 GBX = 2,798,594604 GBX

Convert to CAD: 2,798,594604 GBX x 1.3 = 3,638,172,985 CAD

Based on 50% attributed to HRG, thats 1,819,086,492 or $2.16 per HRG share.

How long will it take to get there? Your guess is as good as mine.

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