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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > Unbelievable!!
View:
Post by ThyFish on Nov 13, 2009 5:11pm

Unbelievable!!

Report is out and another loss posted due to 59 million dollar write down of Prognaz if I read correctly......this cannot be legal and probably why PWC resigned. Un F**ing believable!!

https://finance.yahoo.com/news/High-River-Gold-Reports-ccn-3610059732.html?x=0&.v=1
Comment by ThyFish on Nov 13, 2009 5:16pm
The games continue!!!  I've had it................enough is enough!!  I'd buy Prognoz for 25 million if I had the capital...........what a joke!!The Company had a net loss of $37.8 million in Q2/2009, compared to a net income of .9 million in Q1/2009 and a loss of $4.7 million last year. The net change in earnings of -$38.7 million compared to the previous quarter and -$34.6 ...more  
Comment by Kee000 on Nov 13, 2009 5:52pm
Where not suppose too swear. I liked too get kissed when I get screwed. Now come Monday people will dump there shares into Sevestals lap right down too 0.38. Just what he is waiting for. So before you go giving your shares away for nothing. Maybe you had better do some thinking. Slimeball won,t get mine --There is that nice enough.--polly
Comment by elav on Nov 13, 2009 5:57pm
Actually those are  the Q2 results.  In Q3, Net Loss was 4,567 (thousands) which is about .01 per share.
Comment by ThyFish on Nov 14, 2009 8:18am
I apologize for my earlier posting with the wrong quarters numbers and going off in a tangent over them.  With all my anticipation and suspense surrounding the release of Q3 and what games would be played, I allowed my adrenalin to take over my mind......That being said, now that I see the Q3 #'s my reaction is the exact same!!!What company trying to turn a profit or promote for the ...more  
Comment by espressostretto on Nov 14, 2009 11:44am
"How do we know that they have not paid off some "independent thirdparty" to undervalue some of the results from Prognoz or any otherproperty.....I don't want to become some conspiracy theorist but thatis what this stock has done to me!! I guess the russians did their homework and realized that besides Russia, Canada was another Country where investors could ...more  
Comment by BearBullBrian on Nov 14, 2009 12:17pm
I'm sure the OSC have ample detail on what a miner has to prove for a valuation, but I'll bet they have precious little on a devaluation because who would want to do that unless you had to....someone who wants to reduce the value of a company to sell it to himself would, that's who! HRG is a textbook example of why it is dangerous to invest in Canada with the type of loose safeguards ...more  
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