High River Gold Mines Ltd HRIVF

RE: RE: Severstal would be nuts to play chicken

[Olderwisernow]

Does anybody condsider the possibility that they do what is more traditional? That is clean it up, put out some good news after all the easy nervous shares have been sold to stronger hands, and then promote it a bit, so that the share price appreciates. Then they do a financing at higher price. There are many possibilities here which lead to a higher price. Simply buying more shares and rolling it back is not the best solution as I see it, especially if I own the biggest number of shares to begin with and just paid over .20 average price per share. We will see how things unfold. From my point of view, this company, especially in an uptrending gold and silver market, will yield a greater valuation than the current price whichever way they decide to move. If they want to roll it back and suffer a bigger loss than those who bought at lower prices, that is their choice, but not too smart a one in my opinion. They seem very smart, so we shall see how it all unfolds. I am holding, and buying on pullbacks still. Nothing has changed, as I see it, other than nervous investors worrying. I see a price greater than their acquisition price easily without any rollbacks.I see a greater chance of this sector moving up as well. Not a wise time to decrease your holdings or roll them back, as I see it.