High River Gold Mines Ltd HRIVF

RE: RE: RE: Russian gold unit Severstal eyes flota

[bart_dc]

I think there are a few reasons why we are still below our fair and conservative value:
1. High River might still be associated with the liquidity crisis that almost made it go bankrupt.
     Investors who are unwilling to take a closer look, have no interest in buying 
2. We dropped out of a gold index because our market cap became so low after the crisis, hence no analysts and       
     funds are seeing us on their radar.
3. Severstahl tried to keep the price low until the beginning of this year by not communicating positive news items and 
     focussing on bad ones instead, in a desperate attempt to buy the minority holders out.
All the above reasons could be an explanation but they will not keep us from hitting fair value.
Things can go pretty fast.
Take a look at Jinshan Gold which went up from 0.60 tot 6+ in about a year.
I think partly because they entered an index.
Good things are coming our way, don't worry!
Best regards,
Bart