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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > totally correct
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Post by metalmaniak on Nov 21, 2009 12:13am

totally correct

the share price is cheap...very cheap and is being held up by their buddies at Troika.
Funds are the only ting that can beat the manipulation as they have the firepower. Its a math game now...how many shares are Severstal willing to sell to keep the market down? So far, its been really easy as there have been NO buyers as indicated by the vlolume. If you want it to move up...look at yourself in the mirror, including  Charlwood...havent seen him buy since .15.
Their investmenst alone are worth over 60 mil now...If severstal pulls this off between .50-.60 it will be a steal of the decade.
Comment by NaturalCurrency on Nov 21, 2009 6:14pm
I think you are making a fair point. I bought all my 200k in the last quarter of last year. But have bought none since then. If I believe in the value of the company, then perhaps I should double down and decrease the numbers of shares out there available for manipulation by buying some more.  I am sure most of us are constrained by other obligations and investments, but if we invest ...more  
Comment by espressostretto on Nov 21, 2009 8:01pm
Have around $10k on hand now, and waiting to unlock another $10k hopefully in the coming week.  So I guess I should be able to buy around up to 50k shares in the next two weeks.  As you mentioned about constraints, sometime next year I am aiming for a career/lifestyle change and expect a very highly reduced regular income from employment.
Comment by metalmaniak on Nov 22, 2009 1:21am
took 100k in profits Friday in DGC, and am planning to buy 150k-200k shares of HRG in the coming weeks. I can understand the complaints but have NO sympathy for those complaining that are in from .10-.20. Charlwood has been a huge contributor but am wondering why he doesnt buy more shares here if he believes we are undervalued. Anyhow, I look at it as no brainer as they wont bid below .38, so ...more  
Comment by NaturalCurrency on Nov 22, 2009 3:27am
Thanks espressostretto and metalmaniak. HRG is abnormally high % of my portfolio and I dont have any liquidity right now. I will still scrape around and try to buy an additional 5k~10k over next few weeks. Maybe I should start a 'list' of contributors again. Remember, every share you purchase is one less share with them - so the impact is double. And in the end, it could all come down to ...more  
Comment by bart_dc on Nov 22, 2009 7:25am
I bought 11K shares last week and posted in here on the board.Will buy another 15k coming weeks and they will be held untill S. makes a decent buy out bid at 1+I agree that downside is very limited.When gold falls back 10% from its recent high than I willbuy more shares if we dip to .38at that level it is a no brainer.Chris, can you tell us anything more about your efforts?Would like an update, it ...more  
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