GREY:HRIVF - Post by User
Post by
rightvalon Jan 22, 2012 6:18am
564 Views
Post# 19432321
Nord Gold valuation uplift
Nord Gold valuation uplift Nord Gold may raise free float for London-listed shares
Nord Gold may place a further stake in the company to make its tightly-held shares more accessible to investors, CEO Zelenski said, following the market debut for its global depositary receipts in London on Thursday.
"Increased liquidity could be a driver for the valuation uplift, so we will be carefully looking at ways we can increase the liquidity," he told Reuters in an interview.
( https://uk.reuters.com/article/2012/01/20/uk-severstal-nord-gold-idUKTRE80J0DJ20120120 )
They have not realized that the ways they handle High River Gold Mines are very bad examples to investors.
In 2011, HRG share price went down whereas bolh the gold price and the HRG production went up.
Investors may notice this fact and expect they will have the same treatments; that means their investing money to Nord Gold may never go up.