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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > I have added quite a bit today
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Post by prouditalian on Jun 09, 2009 3:51pm

I have added quite a bit today

I have decided to add to my position significantly today at .21. it amazes me how foolish people are selling below the .22 bid. Severstal will never get 90% of the vote needed to push this through and we will have blow away numbers in second quarter. Detour will also increase significantly.  The price will go  higher IMHO, and new players will emerge. Just keep buying folks.
Comment by thinker1951 on Jun 09, 2009 11:32pm
 Hey Proud You have mentioned a per centage of shares that must ber submitted to have the offer accepted. Assuming 500 million shares they need .9 x .43 x 500 million = 194 million shares (approx). The list created on this board accounted for 15 million? So my deep and burning question is who will sell for 22 cents. If I were long hrg I would have bought in above 22 cents some time ago they ...more  
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