High River Gold Mines Ltd HRIVF

RE: Back in...Ive met the Severstal team

[Olderwisernow]

Interesting, the various takes on this. I see it evolving slightly differently in terms of Prognoz. Not because the costs are not high, but because I think there is a good chance the price of silver surprises sooner than later. If silver rockets, Prognoz will take on a whole different meaning. Currently, I agree, that it is not likely that develpment moves take place there, but it could be amazing what half a year and changing dynamics can do. That in fact is part of the leverage here. Prognoz is valued very low, it appears. I think they should just keep it, and wait for the market to come to them, but it would not be so dumb doing a bit more drilling and proving up more reserves.IMO In any case, this is low, and looks to want to settle out, and then move up. Let the sellers out now if they want out. Why chase them, it is a present to those who see a few months forward and are patient.IMO Accumulate here.IMO Ignore the small fluctuations.imo