There are a variety of reasons to be optimistic that we should see share price appreciation of HRG,,
1......It is extremely undervalued relative to the valuation multiples of its peers
2.....matket sentiment is turning positive on equities, after the substantial downturn due to the EU debt crisis
3....The POG is once again on a strong upward price trend that should continue for at least several years, given the debt loads of fiat currencies
4....production is increasing and along with a rising POG, cash flows will continue to increase
5...High River and OJSC Buryatzoloto, which participated in financing the expenditures at the Prognoz silver project, are considering and evaluating the future steps with regard to Prognoz Silver and development of the Prognoz silver project.Prognoz contains 208 million oz of silver at an average grade of 22 oz of silver per ton ( about $700 per ton in contained metal value ) and another 230 million oz at an even higher grade is estimated for the remaining veins.............ie, Prognoz is a world class silver asset
6..........Nord could decide to buy out the remaining shares of HRG that it does not already own..