High River Gold Mines Ltd HRIVF

Well just maybe

[Power1]

We get some insight today,  POG sure not helping but we do get the U.S to Canadian currency factor.

By my calculation Morgan at 30. 39 million shares acquired since late aug.  9.87% of issued and outstanding.  Question is did they hold some shares before?  Interesting resurection yesterday on tthe buy side following a few weeks of silence.   Tells me destiny is set.  So what do we see:

1. Strategic investment i.e ALfa Group
2. Sale of russian assets (Polyus and Norilsk or other)
3. Sale of African Assets (Randgold or other)
4. Spin out/J.v prognoz & chaya with capital injection to HRG
5. Complete buy out of HRG

One can only speculate, but it only stands to reason the group through Morgan is the key to survival and part of the equation.   THey're underwater big time so obvioulsy they would not throw good money afterbad unless they believed there was longer term value to their investment of recent.  Just a little to obvious in my mind given the overall market and risk adverse investing. 

Given the overall situation I'll take .45 if offered.  Can find a nice home for it in Kinross or Barrick

Cheers!  Please be the day!