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High River Gold Mines Ltd HRIVF

Metals & Mining Gold


GREY:HRIVF - Post by User

High River Gold Mines Ltd > Nord Gold IR Response to buyout and cu
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Comment by bart_dcon Jan 25, 2012 5:27am
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Post# 19445568

RE: RE: RE: Nord Gold IR Response to buyout and cu

RE: RE: RE: Nord Gold IR Response to buyout and cu

tryte, you have to realize that the number of shares outstanding has also doubled versus 4 years ago.

I think fair value will be between 2-2.50.

 

When Nord Gold states that they will be looking to increase the float then a buy-out with Nord shares is a valid option for them because they can buy HRG at a price, lower than the implicit value of HRG within Nord Gold.

B

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