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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > Goldman Sachs
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Post by missouriminer on Dec 27, 2010 2:59pm

Goldman Sachs

"Emotion clouds judgment" It seems in our anger with Severstals BS we have overlooked an important aspect. It is my understanding that when a company (Severstal) signs a contract with a brokerage firm (Goldman) to handle a IPO the company in charge of launching the IPO buys the intended # of shares that are offered for sale in said IPO, The brokerage house then resells these shares at the time of the IPO. Basically giving Goldman the authority to call the shots, I have IM Chris in regards to sending "letter of intent" to Goldman. It is important to remember that Goldman is at this very moment charged with manipulating silver futures and has in the past been accused multiple times with manipulating Gold/Silver futures via comex. It is also important to realize this company literally runs the financial world, a company does not gain this stature by losing $. The point I am making is the manipulation we are seeing could/likely be the work of Goldman. The good news here is that Goldman is not often on the losing end of any business/financial endeavor. Goldman knows the only way Nord Gold IPO realizes full $ potential and in turn Goldman profits the most is that HRG trades at full value, IMO Goldman is likely the manipulator here and is buying shares in an effort to double their money through the Nord IPO and the ultimate increase in HRG SP.........In response to an earlier post regarding the logic of Russian practices the comparison was made regarding the loss of Russian life in WWI & WWII. During communist Russia and In my opinion too this very day the population was/is regarded as expendable for the good of The Motherland, not only did Stalin not care about the loss of life (many military historians believe he considered it beneficial, less mouths to feed & Stalin was one of the 1st to realize small, highly trained units were the future of warfare) where as the illogical business decisions that Severstal has employed have a direct impact on profits. While I understand what you are trying to say I have to disagree with your analogy. May 2011 be the year for HRG investors to realize our full & fair return on our investment.
Comment by WolfgangE on Dec 27, 2010 6:08pm
Interesting perspective here.  Well so what's good for Goldman Sachs  should be also adantageous to us, so we just keep buying more HRG at the super discount it is still offered (I venture to guess that it is worth probably 2 to 3 times the 1.25, even without Prognoz).  I have them (Severstal/G S) taken up on it already and may do so again.  Oh BTW it isn't G S that has ...more  
Comment by missouriminer on Dec 27, 2010 7:57pm
wolfgang you are correct in your statement of JP recently being officially charged however there have been less official accusations, less formal I should say levied against GS. My point is that GS, and JP for that matter have a long record of manipulation, they are exp. operators in the manipulation field. Neither ever suffers harsh penalties and both turn huge profits in their practices which in ...more  
Comment by WolfgangE on Dec 27, 2010 9:44pm
Missouri I have been following the debt crisis and how it affects precious metal quotes for several years and am now in the fortunate position to really profit from it in a major way.  My holdings extend from intermediate to major gold and silver producers to juniors and also other commodity related companies.  Perhaps if you don't know them already here is Casey's website which ...more  
Comment by missouriminer on Dec 28, 2010 9:20am
I follow Gold-prices.biz faithfully and as you probably know they are affiliated with Casey Research. Off the subject a little if you have not checked out Doug Casey's brainchild "La Estancia de Cafayate" I think you will find it worthwhile to do so. I don't have the URL for Sovereign Society but I'm sure Google will provide a sight. From the sound of it you've got me ...more  
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