High River Gold Mines Ltd HRIVF

You can't fool everyone it seems...

[Olderwisernow]

IN the last 60 days, 60 days!, Gold in Rubles is up over 50% About 17% in US dollars and 15% in Canadian funds. Silver is similar. Do you think the value of the assets here has gone down??? Lets see, costs to mine are declining, gold price is going up, Ruble is going down, the shares of HRG are denominated in Canadian Dollars, which is going up against the Ruble.
There comes a point where even those who might like to keep the lid on, will get the KITA plan from everyone (Kick in the *ss Plan), maybe even kick themselves themselves and put out a positive news release!. This has always been a stock with many games in play, but as I keep saying, eventually as the gold and silver price rises, nobody will keep the value from asserting.IMO And when you punch the shares into a spread sheet, and think of real returns and gains, versus trying to sell steel for the next few years, I think something occurs to someone. It would take little to rocket these shares now, and is is going to be difficult to rest any away from folks at these prices. The classic coiled stock.IMO Get ready for action.IMO In any case, long term looks very good for any producing gold mine. And it does not hurt when you are paying in Rubles and selling in dollars, at this point anyway.