High River Gold Mines Ltd HRIVF

NORDGOLD Pay now, or pay more later

[cjsell]

I cannot see the trades on ATS, but NORD can't be winning enough shares on the Canadian exchanges to make a sizeable dent in their accumulation of shares. HRG is inexpensive and Mordy is just plain cheap and makes too many fatal errors late in the game.

Consider this, when Nord's offer fails, NORD stock will tank, Mordy won't be able to pay out dividends or he will get sued. Lefa mine is bleeding cash, and oh I almost forgot, NORD won't have any liquidity and needs CAPEX money. BISSA is ready to roll, and the money was paid out of operations. HRG will gush cash in 2013, and he knows it.

Every day some Euro trash bank (Russian) pumps NORD, yet no buyers, hmmm guess no one wants Mordy's paper.

So Mordy, don't offer a "fair" price now, because you will be paying 3X in a year from now.

Love CJ

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
63 Byron	400,000	556,000	1.39	0			400,000	-556,000
1 Anonymous	443,400	616,391	1.39	118,800	165,132	1.39	324,600	-451,259
85 Scotia	264,908	370,693	1.399	161,178	224,125	1.391	103,730	-146,568
53 Morgan Stanley	73,080	102,271	1.399	2,739	3,820	1.395	70,341	-98,451
7 TD Sec	313,227	436,257	1.393	243,739	339,400	1.392	69,488	-96,857
65 Goldman	64,100	89,740	1.40	8,000	11,120	1.39	56,100	-78,620
80 National Bank	192,600	269,526	1.399	146,115	203,334	1.392	46,485	-66,192
14 ITG	30,652	42,912	1.40	768	1,066	1.388	29,884	-41,846
42 Global Maxfin	17,300	24,047	1.39	0			17,300	-24,047
22 Fidelity	5,764	8,069	1.40	2,000	2,800	1.40	3,764	-5,269
33 Canaccord	19,356	26,905	1.39	16,381	22,769	1.39	2,975	-4,136
101 Newedge	1,200	1,680	1.40	1,200	1,668	1.39	0	-12
90 Barclays	0			300	417	1.39	-300	417
62 Haywood	0			2,000	2,780	1.39	-2,000	2,780
95 Wolverton	0			4,000	5,560	1.39	-4,000	5,560
74 GMP	2,499	3,498	1.40	8,052	11,192	1.39	-5,553	7,694
86 Pictet	0			7,500	10,425	1.39	-7,500	10,425
58 Qtrade	0			10,045	14,012	1.395	-10,045	14,012
124 Questrade	400	560	1.40	17,500	24,383	1.393	-17,100	23,823
27 Dundee	0			20,000	27,800	1.39	-20,000	27,800
79 CIBC	339,580	472,407	1.391	374,500	521,860	1.393	-34,920	49,453
9 BMO Nesbitt	30,506	42,530	1.394	66,345	92,505	1.394	-35,839	49,975
13 Instinet	1,100	1,540	1.40	39,594	55,043	1.39	-38,494	53,503
99 Jitney	19,700	27,577	1.40	64,300	89,432	1.391	-44,600	61,855
82 Stifel Nicholas	74,845	104,005	1.39	142,179	198,941	1.399	-67,334	94,936
39 Merrill Lynch	8,300	11,620	1.40	89,600	124,596	1.391	-81,300	112,976
19 Desjardins	0			89,800	124,852	1.39	-89,800	124,852
15 UBS	5,600	7,840	1.40	166,900	232,488	1.393	-161,300	224,648
72 Credit Suisse	0			222,600	309,414	1.39	-222,600	309,414
2 RBC	118,007	164,115	1.391	399,989	559,249	1.398	-281,982	395,134
TOTAL	2,426,124	3,380,183	1.393	2,426,124	3,380,183	1.393	0	0