Post by
metalmaniak on Nov 25, 2009 2:10pm
remember severstal bought 10% at .60
For those that are new, severstal payed .60 for 10% of HRG when gold was at 800 dollars.
Now, how much do you think they will pay at 1200 gold? I am amazed at the pathetic volume and the pathetic price. We have actually gone nowhere while gold has gone from 1000 to 1187. Look at Semafo, B2Gold, Detour...all up 50% since then.
By not adding, we are going to make this easy for them to buy us at .60. Believe me they would be very happy at .60.
people should be adding at least 25% to their holdings here.
Comment by
jollyone on Nov 25, 2009 3:25pm
I definitely don't want the sp to run up too quickly at the present time as I am still accumulating. But we should see it trade alot higher eventually as it's just too cheap now.