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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

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Post by discern1 on Nov 17, 2010 10:34pm

IPO or ?


What are the other options that could happen with Nord Gold?


I still would prefer the options for Nord Gold (specifically HRG) that assets are sold to a well funded Chinese group.




Severstal is expanding in mining, mulling small and medium- sized deals including in gold, Chief Executive Officer Alexei Mordashov said Sept. 6.




Severstal was tight-lipped on the possible initial public offering of its Nord Gold unit, though Kulichenko said management was still considering the London listing. The London sale is “one of the options for the company in the short term,” Kulichenko said.
Gold has risen more than 23 percent this year and was trading Tuesday for about $1,350 an ounce.
“No final decision has been taken, so it would be incorrect to talk about any delays in the process. We are very carefully considering all options,” he said.


https://www.themoscowtimes.com/business/article/severstals-q3-profit-jumps-to-368m/423512.html
Comment by Tomwhitford on Nov 18, 2010 12:04pm
Golden oppurtunity here guys stops got knocked out, get in! Love Tom
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