High River Gold Mines Ltd HRIVF

List update and other comments

[Critical_Mass]

Hello all,

Please add me to the list.  I have 118900 shares and will not consider selling till $1.25.  And that is if they offered that now.  The longer they wait, the more value this company will have imo as HRG will continue to earn itself out of its debt bind and I strongly believe gold will only go up as the world economy recovers and inflation reappears.

I have been following HRG and Sevestal's actions for some time with dissatisfaction and am grateful to find I am not alone in my feelings that they were manipulating this stock.  I love the fact that 4 of the 7 BOD have 0 HRG shares including the CEO.  What a load of crap that they are independant.  The OSC should investigate them for failing in their feduciary duty to all of us.  If they arn't already.   Seems they have a number of complaints.  Also it seems fishy that there is nothing wrong with them finishing that private placement at 18c, with material knowledge of the favourable bissa results and that they were going to make an offer on the whole company at 22c. Would this not be insider trading if anyone had that news and bought this stock.  But as an institution they seem to be getting away with it. Also if Sprott offered more favourable financing terms and HRG board members turned it down in favour of the self serving 18c placement, I believe we can make a case the BOD failed in their fiduciary duty.  I hope the legal council you are looking for or more ideally the OSC agrees.

I have tapped myself out buying as many shares as I can of this stock, but will try to get more.  I am in Toronto and would love to go to the AGM but am unsure I can.  I have already voted no to all the resolutions online.

That article was great about what is going on.  Hopefully someone in the proper channels can get hold of it here and do a story on this to publicise our cause.

Thanks everyone.