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Highbank Resources Ltd V.HBK

Alternate Symbol(s):  HBKRF

Highbank Resources Ltd is engaged in the business of acquisition, exploration, and development of mineral resource properties in Canada. The company's project includes the Swamp Point North project.


TSXV:HBK - Post by User

Bullboard Posts
Post by chester2on May 28, 2014 9:31am
258 Views
Post# 22604548

Been thinking about it....

Been thinking about it....
I actually don't think we are being held down by an entity looking to create a cheap buy out target price.   I still think its traders looking for some profit taking. Its natural and all good.  Some would say healthy for the natural progression of the share price.  I would agree with that.  Out with the old and in with the new (shareholder, if you will).

Anyone in at 08 is looking to sell some at 16.  In at 16, out at 32 etc.  Rinse and repeat.   For the long and well studied shareholder, this can be tough to tolerate.  Otherwise, if it were an entity looking to keep us down, don't you think we'd be WAY down and not hanging around .17 cents?

Patience is key, keep your eyes on the prize and wait it out.  Fast forward two years from now and imagine full scale production, new sales contracts and profits.  Now, imagine the SP.   Still want a buy out?  Not me.

best,

c
Bullboard Posts