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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > why the selling at this low price?
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Post by fubwar1 on Jul 26, 2010 1:58pm

why the selling at this low price?

I still don't understand why peoples keep selling this low. If the SP is suppose to appreciate as much as last year like Igor said at AGM it will have to move up very soon. If somebody can explain that to me it would be nice of you.

Thank you!!
Comment by yakman on Jul 26, 2010 2:28pm
I think people are selling because other than comments from the AGM seen on this board the rest of the world has not seen / heard any positive comments from HRG management.When people see how Severstal has treated minority shareholders in the past it also brings into question what the appetite for a Gold IPO will be given that those shareholders will also find themselves being the minority.I ...more  
Comment by true_athlete on Jul 26, 2010 3:40pm
Hi, check for the current ongoing ballgame using - https://www.vantagewire.com/quotes/viewquote/HRG:CA/ So ask #086 why they sell at 500 shares per minute and #014 why they play the buyer side From time to time since weeks, this is "nice" to watch, so to me there is systematic preparation to make shareholders loose their patience and sell 50K or more. Best moment to buy, IMO TA
Comment by scluri on Jul 27, 2010 9:16am
The share price of HRG is between 75-80 cents after acquiring Troika share.Now Severstal owns 70% of HRG. It also has 50% of crew gold.Is there an attempt of creeping takeover of HRG in place?.The way shares are bought in a very narrow range do not show any signs of revival. I am yet to see any positive news release from the management. if management is planning an IPO, they need to come out and & ...more  
Comment by katchum on Jul 27, 2010 12:18pm
How odd, the gold price is sinking and HRG is still up?
Comment by prouditalian on Jul 27, 2010 12:26pm
Morgan Stanley buying, and we all know who that is. Severstal.
Comment by missouriminer on Jul 28, 2010 1:20pm
  IMO minorities are not selling, Severstal / Severstals minions are buy/sell to one another perhaps to make money, perhaps for more malicious reasons. When others start buying and driving the SP Severstal / minions undercut at the bid. IMO once the SP gains the slightest momentum it will keep going and while this makes money for all involved (except Rocknroller) LOL. I believe Severstal is ...more  
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