Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Post by stevehrgon Jul 16, 2011 11:04am
828 Views
Post# 18838666

What's the Deal Severstal?

What's the Deal Severstal?

Note #1: All this material is from my personal website at www.highrivergold.net (which is NOT the company website)
Note #2: Please help to spread the word about this website to the media, other message boards. It will help show there is a serious case against Severstal's plans.
From https://highrivergold.net/High_River_Gold/The_HRG_Potential.html

What’s the Deal Severstal?
Severstal, its Nord Gold subsidiary and the management of High River Goldeach provide the marketplace with information about High River Gold via press releases that designed to tell their own version of the High River Gold situation. While Severstal/Nord Gold own approximately 75% of HRG, you would think they would trumpet how well things are going.


But promotion of High River Gold is not one of Severstal’s strong point. Quite the contrary it appears. Press releases and comments by their CEO and related management seem to sometimes paint a picture that does not quite add up to the incredible powerhouse that is today High River Gold.
This company is on par to possibly exceed one-half billion dollars in revenues in 2011. Substantially more in the years ahead. The future could not look brighter.
Will the marketplace finally figure out that there is a possibly that HRG trades at a low share price and a significant discount to other gold companies because Severstal may like it this way? And, if that is the case, why would they do that?
Well, if this was the case (and I legally am not saying it is...but if it was), then it would illegally allow Severstal to buy more shares cheaper than true value as people sold their shares in frustration. It would also serve to provide an opportunity to low ball shareholders with another one of their unnacceptable offers to buy the company and take it private or move it into their Nord Gold company entirely. These low ball offers have happened before with Severstal and HRG. It is in my opinion likely to happen again - but I hope not. A rumoured $1.50 will not fly in my eyes.
It’s high time these games ended. It’s high time that Severstal undertook to properly respect minority shareholders and actively promoted HRG to investors and funds. Removing the perceived negative spin on news about HRG may see this stock rapidly breaking out far north of $2 per share, climbing past $3.00 and to my ultimate goal of over $4.00 per share by the end of 2012.
<< Previous
Bullboard Posts
Next >>