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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > Sold HRG for SEA
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Post by katchum on Feb 08, 2011 12:35pm

Sold HRG for SEA

I couldn't help it, today I sold 10% of my HRG shares, if you could choose between two gold mines with the same market cap and one has 6 times more gold in the ground. I wouldn't think twice. Technicals of SEA are very good, catalyst is there and SEA hasn't moved up in half a year.
The only thing holding me back to sell HRG entirely is the IPO.
Comment by WolfgangE on Feb 08, 2011 2:33pm
I understand your motives  only just to well myself.  Still i keep my HRG shares for now until I get fair value for them at around 2.50 to 3 $  And if that takes a year so be it.  I'll stick with them.  See how low the volume is now that they seemed to have stopped the "internal" trading.  Not much interest in HRG out there.  Needs to be promoted ...more  
Comment by katchum on Feb 08, 2011 2:36pm
I know, holding HRG, it's almost personal. :)(but my reasoning, HRG can go up 30-50%, SEA can go up twice, triple!)
Comment by missouriminer on Feb 08, 2011 3:28pm
Katchum when you refer to SEA I assume your speaking of Seabridge gold currently trading at $31.74. Is that correct?
Comment by katchum on Feb 08, 2011 4:30pm
Right, and what is your expert opinion on this? Surely, a stock held by Paulson can't be bad.
Comment by katchum on Feb 08, 2011 4:36pm
Or was it Soros? Paulson, Soros, all the same. If Novagold goes up 100%, Seabridge Gold should also go up 100%.
Comment by missouriminer on Feb 08, 2011 6:48pm
No opinion as I have not exercised any DD, Just wanted to make sure I had the right stock for the ticker. A little rich for my blood but I wish you all the best in your investment.
Comment by katchum on Feb 23, 2011 12:45pm
Boy, do I wish I had sold more HRG for SEA. Look at it surging, while HRG is sitting there doing nothing.
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