GREY:HRIVF - Post by User
Comment by
Olderwisernowon Jan 30, 2009 9:04am
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Post# 15739626
Bet is on: .25 before .09
Bet is on: .25 before .09Price of gold is now over $1,120 dollars per ounce Canadian. Price of Silver is over $15.40 Canadian. Shares of Detour gold held now trading near $9 or worth over $27,750,000.
One can view this whatever way you like, HRG assets are going up in value much faster than the share price. We shall see what happens. I like to buy when assets are going up in value, and share price is lagging. But some like to wait till the story unfolds and pay 100% I will stick with my theory: price here is going up in 2009, whatever they do, if the gold and silver price continues up. We have not even seen a run into these gold stocks yet. Maybe it happens, maybe not. I see more chance of up than down. It IS that simple for me. But I am just an old simple guy. Lately it : Worked for Eldorado, Worked for Geron, Worked for ACTC, and maybe it will work for HRG! I will take my chances and let this pressure build. Even Severstal will have a hard time spinning this as negative if gold rockets past $1000, which looks promising, and silver, it is not doing badly either.