High River Gold Mines Ltd HRIVF

Some numbers to contemplate....

[Olderwisernow]

When they invested. Ruble was about 20% stronger against the Canadian dollar than now. Meaning: the price in Canadian dollars now, needed to get them back their investment in Ruble terms is LESS.  Also means that a jump in share price gains them even more, in terms of Rubles. If you raise by equity or sell something in Canadian $ now, they have an advantage, over where they started.
IF they manage this, promote a little, and the price rises, as it undoubtedly would, they make even more, and have even more leverage. Do people want Ruble denominated security or Canadian Dollar??????
They mine gold in Russia on one side of this operation. The price of gold is well up in all currencies, but even more in Ruble terms. The expenses their are largely in Rubles. The oil price has declined by over 2/3 since this deal. Cost in other words have declined.
The point is: they can only play it down for so long against these events, and as the price of the metals trends up, they will look increasingly stupid if something does not take place which moves stock price up.IMO Not only that: they lose themselves money, and where exactly are they going to make any within their group of companies at this time???
Maybe they like losing! LOL Hey, they can play here, till it gets into the same position as their steel operations!!! It is their choice. What would you folks do??? Play or make hay???