TSXV:HRE.H - Post by User
Comment by
Topham.tradingon Apr 15, 2013 7:41pm
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Post# 21257044
RE: Law of Averages
RE: Law of Averages One thing that I have found with Juniors with Cash in the Bank is the Management team does not worry about the short term price. Now having said that our previous 52 week low was around 50 cents and now today we hit 20 cents.....
Part of the issue is with over 10 Million in the bank they do not need money now or anytime soon. Management is in for the long haul so whether we are at 80 cents or 20 cents makes no difference to most of them as they are on salary.
We look at our paper loss and freak out. What I think we need is this court case over and then some silence. When we get News our SP goes down as most are looking for the Blockbuster and then when its not the selloff starts.
Heres to hoping for a better half of the week.