GREY:HRIVF - Post by User
Comment by
ThyFishon Oct 13, 2010 12:22pm
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Post# 17559026
RE: What is keeping HRG down?
RE: What is keeping HRG down?HRGAGOGO, We have seen a breakout from the mid .70's to a high of 1.45 in under 3 months.....this IMO was caused by the first ever positive earnings release and news of debt eradication. Lets stay patient here as the next positive news release; ie, Prognoz, drill results, or Q3 earnings will send this soaring again. Attention will peak once this has happened and we will be over the $2 mark. We have many good things going on and this will be reflected in SP shortly.
Severstal has really turned this around, even if they partook in some shady practices to increase their own profit. I think they know what they are doing and will try to smack this outta the park shortly to increase IPO valuation and cause a frenzy of attention before hand. Can you think of the attention and share appreciation that would occur with a release of full ownership of Prognoz (with re-confirmation of resources), positive drill results to increase mine life, and Q3 / 4 earnings? There isn't a better sling shot locked and loaded anywhere in the market!!! And thats not my opinion, THATS FACT!!! lol
ThyFish