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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by paythebillson Jun 16, 2009 3:22pm
289 Views
Post# 16075129

RE: NEWS... .22 Offer

RE: NEWS... .22 OfferThis is my favourite part...

"The Special Committee of the independent members of the Board of Directors of the Company have unanimously determined that the Offer is fair to minority shareholders and is in the best interests of the Company and Paradigm Capital Inc., acting as an independent appraiser, has provided a valuation and fairness opinion to the Special Committee that the consideration under the Offer is fair, from a financial point of view, to the Company's minority shareholders."

Which is it...fair to minority share holders, or, in the best interests of the Company? I haven't been trading for very long, so I find it hard to believe how shady this all is. Is this the norm? Do you guys deal with a shady dishonest company like this on a somewhat regular basis? Or have I got myself involved in a rather exceptional mess...
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