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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by Novaman67on Nov 15, 2012 5:07pm
301 Views
Post# 20607046

RE: RE: 3rd Quarter Results Out....

RE: RE: 3rd Quarter Results Out....

packerdriver, this may enlighten you a bit.......Nova

 

5. Loans to related parties

As at September 30, 2012 the Group provided affiliates of Nordgold with loans in amount of $113.3 million

(December 31, 2011- $81.6 million) at interest rates as of 6.25% per annum.

The current portion of the loans as at September 30, 2012 – $63.9 million (December 31, 2011 - $24.3 million).

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