High River Gold Mines Ltd HRIVF

Q1 and thoughts

[Power1]

A release came out saying financials will be out after the bell today.  Although I expect stellar numbers it simply is not translating to share price and there is NO INTEREST demonstrated whatsoever by Severstal to increase share value as demonstrated by their actions and/or failure to act.  

It's fun trying to understand their strategic direction because I truly believe they think they are smarter than the entire investment community and are trying to create intrinsic value for themselves by trying to steal this versus taking a more positive approach and generating significant significant windfall for all parties including minority interest.

Happy - HRG up over 2200% since the Mosher/whalen driven collapse
Sad - Current S/P is only a fraction of where is should be

Anger - Management doing NOTHING to support share appreciation beyond operating the company.  I think they are doing a good operational job but strategically are doing everything they can to keep this success out of the valuation.

Interesting - The games that are played trying to sweep this from minority interests