High River Gold Mines Ltd HRIVF

RE: RE: RE: Q2 Results?

[NaturalCurrency]

bart_dc, I dont think that Severstal factored in Crew in their earlier public comments, notably comparing Severstal Gold to Polymetal which gives $3~$4 valuation to HRG. Coupled with their comments during AGM ('500% appreciation'), in my opinion the floor is $2.5 rather $1.5.