High River Gold Mines Ltd HRIVF

RE: RE: RE: Scluri

[prouditalian]

I sold at my large position at .82 but bought at .15. Banked close to 750k, bought back in at .97 and sold at 1.22. Done v well.
I see risks here.
IPO fails
POG falls
HRG loses prognoz
Old mines dropping production levels
Severstal screwing minorities in other ways.
Its cheap on multiples only if you use the 140k OZ they produce from the old mines, take those away and no longer cheap. Not a no brainer anymore thus Im out. Sold my chunk too early? YES. Hindsight is 50/50. Dont forget where I bought.