GREY:HRIVF - Post by User
Comment by
ThyFishon Oct 21, 2010 7:36am
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Post# 17591512
Proud ItalianRE: Dont count on Severstal being suc
Proud ItalianRE: Dont count on Severstal being sucAmazing how someones opinions and sentiment changes with there investment strategy and goals. Proud, you use to talk so positive of the upside potential of HRG when you were holding....but since you liqudated your position, bought back in, then sold again, you seem to have a different agenda. Even though we have gained almost 100% since you sold the first time. I have no problem with someone sharing there opinion, positive or negative, I just hate scare tactics and double talk!!
Failed IPO? Old Russian mines are gonna run out of gold by 2011?? Might see some spending this Q, but will effect net income? Then you say you will get back in at $1??? Are you kidding me??? I've known you to be a smart guy from your postings and I don't know any idiot that would buy into a company that they felt would fail in an IPO, or a mine that will run out of gold in less then a year, and have a bad quarter to boot!!!...LMFAO I'm not saying $1 is impossible, but if you don't like a stock and choose to post all of your negative opinions....don't tell us you will be back in at a dollar so you can post back with positive opinions if you get your new position.
Even if the valuation is off......we are still going higher because HRG's is toooooo low. Even if spending is reflected in this quarter, (which I doubt with looming IPO)we will be debt free, gold is at all time highs and we have startegic investments and cash to pay for it. And finally they have stated that they would be drilling to extend mine life in an gold rich area known for good reserves. Did I mention our possible largest silver deposit in the World, Prognoz?
ThyFish