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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > What is HRG worth
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Post by cjsell on Dec 01, 2011 8:15pm

What is HRG worth

HRG is worthwhat Severstal wants it to be, and that will be a little as possible.  I have been on the HRG bandwagon for a longtime, and will continue to hold some.But this is a loaded deck and it is stacked against us….unless.  For the longs who have held for a number ofyears, not a problem.  But how long wouldit take you to sell a couple of million shares?Answer, way too long. 

As far asHelmer’s article goes, the opinion of Nord Gold’s spokesman is pure nonsense.  Similar to a child crying that he is anorphan, just after he has murdered his parents. Follow the Russian logic, myboard, my rules, my game, my time frame.I called it 3 months ago, they will continue to suck cash out and giveback worthless notes. 

They willwind up screwing the minority stockholders, but in the end Severstal will out “cute”themselves because  no one truststhem.  They can only do business withless than desirable 3rd world countries.  The IPO for Nord Gold won’t ever work, notever.  Just look at any other Russiangold company, all are for sale, at fire sale prices.  The rest of the world flourishes, and Russianrun companies flounder.  Couldn’t happento a nicer bunch of pukes.

Comment by 1marketmaker on Dec 01, 2011 8:54pm
CJ and others,As you read the information coming out from Severstal, I take the view that there is no way that HRG can be held back. We simply have far too much momentum in the earnings, and while games are being played, games being played IS THE GAME when you are dishonest.  But in the end, we have one thing.  We have minority control.  We will not lose it. Other very smart people ...more  
Comment by tryte on Dec 02, 2011 8:45am
I'm just going to play devil's advocate for a minute here. I want the sp to go up as much as everyone else. I have been in and out of this stock since the high teens. But what is preventing Severstal from selling all that gold in reserve for a stellar Q4 and then lending NG even more money to make the numbers look bad?At this point, i am getting impatient as there are a lot of other ...more  
Comment by Waterman1 on Dec 02, 2011 9:07am
Only UNITED we can resist to Mordy !!!IMO it is much better that we hold (all together) aou shares!An don't forget: Mordy is reading this too. Your reaction is in his intrest  !!!
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