TSXV:HRE.H - Post by User
Post by
TrickyGameon Jan 21, 2020 6:11pm
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Post# 30580196
Shorts have dropped again
Shorts have dropped againThey are down to 83,379 from 216,798. That is a drop of 61.5% roughly. If we get positive news it will likely go higher than $0.015 because last january it was where we are now and there was a series of positive news then the SP rose from $0.015 all the way to hit $0.10. So there is a historical basis for any price from $0.015 up to $0.10 it just depends on how good any coming news is. It has now been 5 months on the dot since the Ruling came down. It is highly likely that the second funder has agreed to fund us to collect from the Kyrgyz. I am about 85-95% sure that's happening. Because we have no money and it has almost been 2 quarters and we haven't gone bankrupt. People were saying we would as soon as the ruling was announced. Yet we have not. we still could potentially, I'm not saying we will, but that is likely part of the reason we are trading at 1-1.5 cents right now but remember including this time last year $0.015 (not counting $0.01) is the lowest HRE has been in the last 10 years or more. I do not want to take this as fact because it was from a unvalidated source but allegedly HRE is in advanced negotiations with either the the Russians over the JV and we know from this website that Boris was in Moscow from the week of Sept 23/2019 according to a investor who emailed him. Those negotiations were commenced in April or May 2019. They had been going on for 4-5 months at that point. Unless there is something I don't know about then the only logical explaination is Boris was in Moscow for the JV negotiations.
There is only 2 options remaining:
1) We go bankrupt
2) We don't and get some very postive news related to the JV or the Award and the SP rises depending on the news
I own 2,886,706 shares which is roughly 1.70% of the public float. They have cost me roughly $41,500 CAD. They are in my RDSP. I've been told CRA cannot touch a cent of it. Legally speaking.
I know a guy who makes $100,000 per year after taxes. 40 hours a week with overtime.
If it goes back to $0.05 I make $102,835 in the span of August 2019 to whenever it hits $0.05
If it goes back to $0.10 I make $247,170 in the span of August 2019 to whenever it hits $0.10
IF this happens and it might not, the difference between myself and the guy I know is I did not have to lift a finger to make that money except for about 50-200 hours of research, and placing the trades.