GREY:HRIVF - Post by User
Post by
james2001on Jul 24, 2012 7:44pm
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Post# 20148619
re john helmers article
re john helmers article he should have been more objective in that the reason hrg was less than 10 cents a share was because
of management and mordy recognizing great value.....mordy drove down the share price as low as he could before coming to the rescue.Also because the floats are so low in both companys with very low liquidity mordy knows no large investors will touch either companys shares if they are not already in.therefore both companies have been manipulated as low as possible without bringing too much attention to.Both nord and hrg could be taken to any share price they want but will not do until they have secured hrg....now in the john helmer article he is saying that there may be more upside in nord shares based on the current share price manipulation.what a bunch of bs.
now this independant valuation could take some time because if it is truely indendant the valuation would come out much too high for nord gold so this valuation will never come out..the valuation we will see is one with a valuation nord wants to see.jmo