strategy The fight for a higher SHARE PRICE OFFER
needs to take a more organized aspect.
Instead of using negative words toward the acquirer,
we should recognize their high calibre and persistent qualities,
to which we, the minority shareholders, should counter
proper strategy and tactics in order to obtain the desired outcome.
I suggest that we all do the following, if possible:
1. Release funds from other dead -in -the water stocks;
2. Buy at least 10% more HRG stock over 1.40,
which would not change much of your average;
3. Signal to the NG chaps your intentions by moving your selling price
on Level II over the desired price of ASK of say, 2.50;
4. Counter their valuation committee with a really
independent group of investor activists
to show the real value of HRG in the press in comparison
with the PRICE/ EARNING RATIO
for several other producers of gold;
(in my opinion, it should be 3,50 – 4)
5. If the price of gold keeps increasing in the meantime,
as expected, adjust your buying % of HRG upward and the ASK on level II also.
6. Pledge a small amount ( $100 ?) for a fund
to buy newspaper coverage of the fight between
the minority and the majority, which might increase
the interest of other investors in following the process and by adding their buying power.
Please add to or correct these suggestions and show a unity of effort toward the goal.
185k , target 2.65
Adam 09