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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Post by ccharlwoodon Jun 29, 2009 5:21pm
369 Views
Post# 16106816

AGM questions

AGM questionsAt AGM ask management"

1)  why there is even a TSX de-listing review when financial reporting was brought up to speed and Q1 produced positive cash flow of $29M and $1M profit and Q 2 is expected to be even better.

2)  ask how many third parties did they approach to refinance HRG debt in the last 6 months?

3) Also, ask some questions regarding the rumours outlined in an excerpt from this e-mail below I received yesterday from someone that wants to remain anonymous.

"Looking for exploration permits in Burkina, my burkinabe friend was at the Land Department and saw on the property map (on screen) that High River's subsidiary called Jilbey Burkina Sarl submitted an application for an exploitation permit covering the Bissa and Zandkom exploration permits. This information is accessible to general public in Burkina Faso but not released by the Company to the minority shareholders ! High River should have mention this in the Company latest press release on the a revised gold resource estimate for the Bissa project. Burkina mining regulations request that a feasibility study be attached to the application for an exploitation permit. Why this FS study report was not filled in Canada?

In addition, my Burkinabe friends say High River's Taparko gold production increased since a few months. The rumour is that the Taparko mill is running good and the throughput has increased from 80 t/d to 100 t/d and maybe to 120 t/d. That means a lot more profits for High River in the furure. The same friends say another rumour is that a second mill is being prepared in Russia to be shipped to Taparko to double production. I would like confirmation from High River. If this latest rumour is true, High River was and is still again hiding important information to their minority shareholders.?"

Take notes on the answers.

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