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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by ccharlwoodon Aug 11, 2009 5:27pm
495 Views
Post# 16210209

RE: Chris, NC, too many to name..

RE: Chris, NC, too many to name..
Although I ended up taking the lead on this effort, many others have contributed their  time, money and support - so it was a good group effort.  Of course, the close to 90% of  minority that did not tender their shares is what really mattered in the end - with the institutions holding the most leverage. It has been a good experience working with  them.
 
Severstal's next moves will be very telling.  We may see a turning point in their tone with the release of  the Q2 results Monday or sooner. Then it will benefit us all to work with and support them to help promote this great investment opportunity.

Any new contributions would be appreciated and thanks to those that have already sent  funds in. I have received my final bills to date and they add up to just under $60,000. We have collected just over $4,200 to date. It is interesting to note that  we saw a payoff  of our investment in legal fees last week. I believe the press releases regarding  the TSX de-lising review and clarification on debt default status were put out due to TSX complaint letters written by us and some of  the institutions. 

Please send cheques payble to Chris Charlwood at:

HRG Reject Severstal Bid Fund
900-1199 West Pender St.
Vancouver, B.C. V6E 2R1

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