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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > expectations...
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Post by topoftheridge on Jan 31, 2011 7:34pm

expectations...

I will be honest and say not what I expected from today's price action....

Interesting to me is no news on the "old Russia mines" Zun Holba and Irokinda in today's release....

I know some here are concerned about the lifespan of those two mines, and I do believe drilling has been done to "extent" their production....

Is that tomorrow's news release?

Would love to hear from the more knowledgeable regular posters here about what they thought about today's down day?

Friday HRG releases info that they now have "freed up" 12 cents per share of cash, HRG spends most of day down 4 cents but closes up 2 cents
Monday HRG releases (what looks to me) as some good resource update numbers (especially in Burkina Faso) and the shares drop 5 cents.

Is that manipulation, no one interested in buying or a combination of both?
all JMHO.

comments please....
Comment by topoftheridge on Jan 31, 2011 7:36pm
sorry i think that should be 8 cents a share in cash...
Comment by J_Cuccaro on Jan 31, 2011 7:42pm
Looks like gold was down across the board today.
Comment by missouriminer on Jan 31, 2011 10:43pm
 I feel your frustration, it's an emotional roller coaster. For what it's worth HRG traded on the OTC:HRIVF has consistently been picking up volume and several days these last weeks HRIVF has closed above HRG on the TSX. Granted the US/CAD conversion has tightened up but 3-5 cent close above HRG.T with the escalating volume is encouraging, As the gentleman stated POG was down and for ...more  
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