High River Gold Mines Ltd HRIVF

RE: Wait for news release

[Olderwisernow]

Like many things, or maybe even most things, its all about timing. It would be nice if you are correct, but unfortunately they have been so bad at timing things over this last year, we are now where we are. I think that metals are only down at this point because we have liquidation panic by those who need to sell whatever they have that can be sold in order to raise cash. This is WHY we have shortages of physical gold, while at the same time we have selling of the  paper. If you listen carefully to many who actually have accurately predicted this unfolding picture to date, here is what they expect. All this paper and credit creation will lead to inflation. It WILL take time however, and now we have the need to raise cash phase. Then we get mid next year or thereabouts a surge in commodity prices. That is why I say High River timing is sooooooo bad. They are selling out or whatever, at the exact worst time. It could not be worse than now.IMO If they had managed this properly a while back, they could have easily seen this possibility, especially in terms of needing cash to get through any difficult periods. But like all the rest of the sheep, they thought money was always going to be easy to come by. Surprise, surprise. So now after YEARS of work to get all this near to completion and reap the rewards, they blow it completely, as I see it. Hope I am wrong, but that is what appears to be the case. The problem for investors of course, is whether this management can  keep any of the shareholder value in tact. If they can hold on for 9 to 12 months somehow, I think this would soar in value. But of course now this is not the view. The pity is this unfortunate short term gap is crushing this company and all of its value. That is why good managment ALWAYS looks at the future with a guarded view, and are paid to be prepared. Were they here, obviously not. Really very sad when you consider all the work that went into putting this together.IMO