High River Gold Mines Ltd HRIVF

Treatment of profits (once debt free)

[production05]

In addition to allowing share price appreciation, this victory by minority shareholders ensures that Severstal cannot walk away with our profits.  They might be majority shareholders, but they can't just take our cash and leave us out in the cold.  The only way they can access HRG's cash is by declaring dividends.  Yes, that's right, they can't pull a fast one on us.  If they declare dividends then we must get a cut as well.  Each common share participates equally, no matter if held by a (fat cat) majority shareholder or a (kicked around and terribly abused) minority shareholder.

HRG will be a big time (free) cash machine (once the debt is paid down) - perfect timing as the gold price is expected to be over $1,000 over the next few years, once people become more fearful of inflation issues.  A lot of that cash will likely go into the development of Bissa and Prognoz.  However, our victory ensures that Severstal can't get their hands on that cash, without giving us a cut also (in the form of dividends).

If they had won, IMO, they would have gotten a company with $5 billion value potential (over the next 5 years) for virtually nothing.

[Alex_27]

We may agree or disagree on future of HRG, but by saying that Severstal can't  get the cash out of HRG you totaly discredited yourself...total bullshlt! It is not even HRG specific! Go and do your home work! It is the very basics of minority screwing!!! Divedens, LOL  pathetic!P.S. enjoy the downtrend! dont feel sorry for you anymore, folks,  u r too greedy

[goldlust]

Oh, I see Severstal's lackey is back. On ignore you go!

[missouriminer]

Regardless of how everyone who supports HRG feels about my tactics, take a minute, look at the bullboard post. Not only is alex back, spewing venom, He and others are now being rated, granted they are being rated very low at this point, none the less they are being rated. If they immediately were rated with high marks all who truly support hrg would realize quickly what was happening,  so

[cjsell]

Hello Alex FYI your street cred is below zero.  As I recall your predictions regarding HRG have been proven to be malicious if not down right stupid.  Now given that HRG has had a nice run, and actually proven that the Severstal's BOD are not working in HRG's best interests, they should resign, and please if you have something to contribute, then by all means do so, otherwise you

[StockPiler1]

I can't believe that i'm stooping to reply to this one.......Alex_27 you are incapable of empathy or logical reasoning of any type.Severstal is the greedy one, that includes 27 of the Alex's, Alexi's, Alexey's in the HRG minority screwing squad.There is a majority of minority shareholders that will not be selling or profit taking so your overly prayed for