GREY:HRIVF - Post by User
Post by
Outofworkbumon Dec 06, 2010 1:15am
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Post# 17804278
Don't bring a knife to a gun fight.
Don't bring a knife to a gun fight.Read many posts tonight all focused on Prognoz and other 'what ifs'. I would like to repeat for those who seem to miss this several times. MANAGEMENT is what brought HRG out of the hole it was once in. It will never be one mine, one location that makes the price. It is a strategy known only by Severstal. Anyone who watches footbal knows there is the 58 minute game and the 2 minute game and in the end it is the 2 minute game that counts. I believe Severstal is keeping its powder dry. Unlike George W. Bush who ran all over the world and bled his army dry. Severstal, I believe has better focus. If they announce drill results too early, pump the stock up too far in advance of an IPO they won't have the same juice as if they dump it all out there in a strategic co-ordinated plan. Winston Churchill said war is about strategy and bloodshed. Fail to have strategy and you are bound to experience more bloodshed.
I hauled ore once in what is probably the world's largest iron mine in Gagnonville Quebec. It is just one big bloody chain of mountains stretching to the Lab border and beyond. It all shut down in 1980 - why? bad management. Today its all opening up again. Same ore body but the shares are taking off. Look up ixi-tsv or see what LIM did this past year.
So when you see the guy screaming from the sidelines that your going to loose the game it should be no rocket science to understand he just wants to get back in. When you see the guy fretting over one mine, one driilling result held or one quarter results skewed you understand he is feeling the pressure that other investors are waiting for to pick off a few cherries. ( Ibought more a couple of weeks ago when it hit $1.16)
So, sleep well tonight. Management is what is making this work and "There is a tide in the affairs of man, which when taken at the flood lead on to fortune."