High River Gold Mines Ltd HRIVF

RE: RE: RE: Update, HRG's Strategic Invmts = $40.5

[traxbyweb]

Don't agree with your assessment.   If all they need is 12 million a quarter and they should be making over 35 million a quarter with current gold price how much free cash do you think they need for exploration?   The debt could be gone after first quarter next year except for the debt they cannot pay back early.   We all see the games going on with this stock, but in the end this company is making plenty of cash with about as low debt risk this company has been in for years.   I think the only bad thing this company has is the way severstal has been treating this company like they own it outright(which will hap[pen as soon as they figure out how to do it on the cheap)and the debt that will linger and squeeze profits with high interest rates.    If this company was being promoted properly we should be in the 1.00-1.50 range by now with no reason to not have expected plus 2.00 when gold breaks all time high which should be shortly after this little shake out today.   I have actually increased my position and look for 1.00 by year end as the take out price.   I expect severstal to utilize there 40 million warrants in that timeframe to further increase there ownership holdings.   Does anyone know if severstal is continuing to buy and if so how much have they added?