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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by Olderwisernowon Oct 08, 2009 4:07pm
336 Views
Post# 16374879

RE: RE: Charlwood??

RE: RE: Charlwood??You touch on the very point I have been trying to get across, re their being dumb actually. Why do I say this? Well you mention the cost to bring on Prognoz: correct. You also mention that they can't finance it at this low a share price. That is why they are dumb.IMO IF they had brought up the share price, they could have financed Prognoz and made MORE than what they will miss possibly by pissing around for much less. In doing it this way they are possibly missing their window of opportunity. The idea is, you have a stock price that represents the value, all in, if possible. You then go and finance your world class silver deposit, WHILE the market is in love with gold and silver. You do not wait, and dream it will last forever (maybe it does, but that is not how smart money plays it) as some have done with things like, dare I say it, STEEL. You would think a company that has purchased steel production etc. and now sits way down, with a Ruble as well that has dropped 20% in a short period of time against the Canadian Dollar, would wake up and realize they may just repeat EXACTLY the same error. This is opportunity waiting. Will Severstal miss it? That is the question they should be asking themselves. Worry about a few percent more of the shares when you could be making billions and financing one of the largest silver deposits in the world. What does a mining company want??????? I repeat: they are gambling for pennies, and missing potentially billions.IMO
By the way: anyone watching my list of stocks: hope you bought ENMD. Check it out on NO news yet.
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