High River Gold Mines Ltd HRIVF

HRG Valuation

[missouriminer]

I can think of only one reason for not promoting HRG, IMO it is for a not to distant buyout offer. After all anyone capable of DD will certainly see HRG's numbers as they pertain to Nord's total production numbers. As for the previous comment of posting on Nord's message boards I agree any post should not be negative towards Severstal (Nord) but should state HRG's numbers as they apply to Nord"s production and reserves. I've stated this privately to one of our members however it continue's to occupy my thoughts. ....The other 50% owner of Prognoz as I understand is a Russian Ogliarch, why would,nt this entity be purchasing HRG shares, by doing so increasing their ownership (in a round about way) in Prognoz

[tryte]

I'm not sure that they have any interest in buying us out. They stated in their Q2 conference call that they would leave the remainder of HRG public if necessary only purchasing shares if they were a reasonable price. According to them $2.50 is completely unreasonable. I also wonder if they did make an offer, where are they planning to get the cash for that? Nord now owes Severstal and HRG

[missouriminer]

If you are correct and by no means am I saying you are not, Severstals manipulation could only be for one other reason. Purchasing on the open market! other than these reasons it benefits all of us to let HRG fly. Although from what all we've witnessed it would'nt surprise me to see a NR stating Nord has borrowed money from HRG to buy HRG minority holders out, I'm sure it would be

[tryte]

  QE3 would be great for HRG as it will send gold soaring again.   I agree that they must have some sort of hidden agenda because otherwise they could have made an immense amount of money by trying to increase the value of HRG.  

[Waterman1]

I like the discussions concerning the Valuation. But there is only 1 thing important: the share price in CD$. Since serveral months yhe SP is 'flat' around 1,23.  As long as the SP is at that level, less will sell ...

[ThyFish]

To trust what Severstal/Nord says is like riding a motor bike without a helmet.....just plain stupid! lol  I believe their main objective is to be 100% owners of HRG.  They own 100% of all other entities that make up Nord and it would make everything more seamless for them in terms of reporting, efforts and PROFIT.  They HAVE been buying shares of HRG (at discounted levels