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HIGH RIVER GOLD MINE.
| Prev. | 1.3800 |
|---|---|
| Open | 1.4000 |
| High | 1.4000 |
| Low | 1.3900 |
| Volume | 2 047 |
High River Gold Mines (HRG-T)
Has been up 2 days in a row. Very encouraging. Likes the volume, but this is difficult to interpret, as it is not a very actively traded stock. Sell if it pulls back to $1.25. $1.50-$1.60 would be a short-term goal and maybe even $2.00 down the road.
High River Gold Mines (HRG-T)
Market has not liked this one but it is now moving up. His point and figure chart shows a potential catapult pattern, which is very important. It could possibly rally back into the $3 area.
High River Gold Mines (HRG-T)
A producing gold company with a takeover offer of $.30, which he doesn't like. They've solved their short-term financing issues so there is no reason to sell the company.
High River Gold Mines (HRG-T)
Longer-term gold is going to push out to new highs. This is a good way to get exposure to the higher price of gold. Production profile looks pretty good.
High River Gold Mines (HRG-T)
Hit the wall in terms of their debt covenants. Ran into lots of problems in terms of their loans that were about to be pulled. A lottery ticket at this point.
High River Gold Mines (HRG-T)
Doesn't know this one really well but in golds, you have to stick with the senior producers. Would not be in exploration companies as there is not enough capital available.
High River Gold Mines (HRG-T)
Market is upset with last deal they did with Russian company. Last transaction was very dilutive to the company.
