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High River Gold Mines Ltd HRIVF

Metals & Mining Gold


GREY:HRIVF - Post by User

High River Gold Mines Ltd > HRG chart
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Comment by WolfgangEon Dec 13, 2010 10:15pm
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Post# 17841502

RE: RE: RE: RE: RE: HRG chart

RE: RE: RE: RE: RE: HRG chartI think the purpose is quite clear. Severstal wants to obtain most or all of the remaining outstanding shares of HRG it doesn't already own for the lowest price possible.  Thus it manipulates first the price down then will make an offer for the remaining shares.  HRG should be trading around 2.50 to 3.00 even WITHOUT Prognoz.  Looking where silver is going these days, Prognoz could be worth a fortune further down the road.  So why share it when you can have it all.  Once HRG is down to less than 1 $ I will consider buying some more.  I agree though with the question of "how low will it go"?  Time will tell
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