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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > compare HRG & BTO's results
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Post by santo31 on Mar 31, 2011 10:30pm

compare HRG & BTO's results

HRG's production is three times that of BTO (B2gold).
But HRG's sp ($1.09) is only 1/3of BTO ($3.00).
Who is to be blamed? Banks or severstel?  What went wrong here?
Comment by discern1 on Mar 31, 2011 10:42pm
Why I agree that HRG is very undervalued, unfortunately, HRG has almost 3X the number of shares that BTO has.However, BTO is close to peak production, they don't have another 3M oz project upcoming like HRG and sitting on the highest grade silver deposit in the world.
Comment by tom_abc2003 on Apr 01, 2011 8:04am
I think the reason Why HRG is at this price is for one reason.    It is the history this company, investor need to build confident back from what this trade at high $3.0 went all to way to .10, and almost default in loan.   It just need investor confidant get investor back in the boat.    This is possibly the cheapest gold stock in the world, with possibly the best cash in ...more  
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