GREY:HRIVF - Post by User
Comment by
traxbywebon Dec 15, 2008 11:23am
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Post# 15646320
RE: Seemingly Close
RE: Seemingly CloseHave to agree on that one. Little support on the bids but yet stock price keeps rising(accumulation from weak hands ongoing) , asks are huge, 12 cent near a million shares. This stock on the bid/ask front is not looking pretty, nobody is trying to pump this one up by loading up the bids. If I wanted to accumulate this would be a perfect picture. Would say if gold prices keep steady at 840 or higher this has a good chance of a gap up sooner then later. Been seeing costs come down on other mines at around 25-30%. Looking for sub 500 cash costs from HRG going into Q1 2009. Should give at least a 16-17 cent stock price at current gold prices.