High River Gold Mines Ltd HRIVF

RE: Nord - new MS coverage

[1marketmaker]

" I expect, with full exposure, HRG will make up at least 50% of Nord’s total resource base."

YES - with only 39% of its per ounce totoal costs and therefore with 70% of its profits and 80% of its ACTUAL planned future, with 84% of its future potential.  

HRG is worth 70% of Nord in future profits, growth etc - even using discounted future cash flow when you take Prognoz into it.  HRG is easily worth $4.00 per share.