High River Gold Mines Ltd HRIVF

Thinking Outside the Box - NOT BASHING

[December3]

Now what I have to say here is some "thinking outside of the box" and as such I am sure someone here will think I am bashing.  If you aren't tolerant of other views.....

But thinking about the fate of minority shareholders here in HRG, AND then applying some thinking as if I were the majority owners....

If I were Sverstral, I'd just keep buying shares on the open market, allowing my share count to rise and slowly creep up.  Shoot I only have a few millions in cash of profits from each quater's prodiction to use to buy up shares.  Yeah, so they aren't using the funds directly as they'd have to pay a dividend, but if nothing else 'loan themesleves' the money pledged against HRG's treasury.

But the bottom line is that once they get close to the 90%, either through a low ball offer or continued open market buying - WHAT IS STOPPING SEVERSTAL FROM MAKING A BACKROOM DEAL with a major shareholder in  order to just get across that 90% line?

Best I can tell the Canadian Securities regualtions do not prohibit a company from providing incentives to a shareholder to tender their shares to a deal.  In other words it appears to be legal to buy votes.  [Please someone show me specific code/citations where I am wrong - as I could be}

Best example of this is the recent announcement by Peggy Kent that she will support the ridiclous takeover of her beloved CMM by shell company HRG. Sure appears as though some backroom deal was cut to get her to pledge her shares to the deal.

So if something like that can happen there - why not here? 

Oh yeah, I have read the statements on here with much bravado about how tight the shareholder group is and how they would never sell for anythig less than 2.50, 3.50 or 4.50.  But who is to say that is correct?  This is business - and if one key holder can get picked off for some undisclosed "incentives" then why wouldn't that guy do it? 

Put your emotins aside and put yourself in the shoes of a holder that could tip the scale over the 90% level - if you can pick up some additional profits, you would do it?  If the company can show that they are close, then it becomes a game of "chicken" doesn't it? 

I mean think about it - you can pick up a million extra in profits by taking the incentives or you can stand firm thinking everyone else is standing firm - only to find out someone else sold you out and you don't get that extra few millions in profits.  What are you going to do?  Take the extra profit or stand on principle and leave money on the table?  Everybody seems to have a price....

So just something to think about in an "out of the box" style.

OK go ahead and bash me as a Nord Gold shill, a shorter or some other silly accusation.  I just think it makes sense to look at all THREE sides of a coin, when money is involved.

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