RE: RE: RE: RE: Not looking goodI repeat: the precious metals run will overwhelm everything else, and change plans, outcomes, and projections, just as fast as what we have seen to date in the U.S. and elsewhere. How quickly folks forget HOW FAST things can change. Take here: HRG had investment made not that long ago by a multi billion dollar organization at, what was it folks: .20 per share. What was the value then? What were the prevailing prices of silver and gold then? What was the value of the Ruble then?
I think this prevails, baring any change, and the change I see coming is more of the same (UPWARD MOVE) action in metals. Let them do whatever they like. Make a placement, spin of assets at a reasonable price, secure more interim financing. I do not see it bringing the value down, or the share price for more than a minute. If someone wants to sell their shares at .13, who cares? Let them sell them ALL if they like.
I think this is getting ready to rock, and the opportunity is now, as soon whatever is going to happen will be announced. But are the odds for it going up or down? Well, why down, when assets, potential, and costs are ALL trending in a positive direction. If they even have to spend a bit to fix some issues. BFD, IMO.
If I was in charge of this, sitting on a Canadian pile of shares, in a market looking ready to explode in ONE sector in particular (GOLD) I would be INSANE to not take advantage of this when everything else looks potentially ready to get worse, not better. And liquidity, leverage and profit in this case can be exploited fastest and probably to its greatest by way of this public vehicle. ALL they have to do, is get a reasonable plan in front of investors, promote effectively without a bunch of hype, and get the potential clearly defined. The markets will reward them (IMO) handsomely given the current environment. They can go a number of different routes, and may well do so, but I clearly think if they sit back and examine the opportunity they would be foolish to miss this GOLDEN OPPORTUNITY. IMO
Meanwhile: gold looks ready to rock, along with silver. Lets see how things unfold.