High River Gold Mines Ltd HRIVF

Don't sell the family farm!

[Wabatch]

Olderwisernow always posts excellent comments and posted some superb ones Saturday that every HRG long and BOD director and management member should read. (Hey HRG staff and directors! Are you monitoring and paying attention to the sound wisdom on this board? Anyone of you have the courage to weigh in here under whatever pseudonym, or better, give us a f'kng meaningful, supportive press release updating Bissa, etc.)

To the point, this is definitely NOT the time to be selling the company or its assets, but rather the very WORST possible environment (or most perfect storm if you like) in which to do so. The SP is so ridiculously, ridiculously, ridiculously below the most conservative valuation of HRG's real assets that NONE of us should, as Olderwisenow points out, care whether the manipulators drive the price more cents this way or that in the days ahead. If you sell at these levels, and there are obviously thousands doing so, you are just a panicy sucker-loser. Why do you think the insiders and Morgan Stanley have been buying at prices well above Friday's close?

There are strong indicators that gold, silver, and other precious metals are poised to soon rise to much higher levels. Selling assets at this juncture is like selling the family farm during a drought so you can walk away with the eggs your hens laid yesterday. They won't feed you for long. Droughts don't last forever, and the darkest hour truly does come just before the dawn.

HRG's historic BOD and management IMO surely did a lot of things wrong but they have left us with very solid producing and soon-to-be-producing  properties, plus world class deposits. As I've said before and Olderwisernow IMO agrees, cut heads, cut costs, cut the BS. DO NOT sell the family farm.