RE: RE: RE: RE: RE: RE: RE: Gold Major sniffing HRI am not so sure the Severstal plan is clear, even to them. LOL Hey guys, they have many other issues on their plate, besides the gold properties. Their steel operation is a mess. Steel is being dumped all over the world, and there is no big up about to take place, that I can see.
The story from Moscow has a ring of truth about it to me. But that is just a hunch as well.
In any case, why would anyone now sell, that was something to consider months ago.IMO With my holdings now, I look at two things. The value, and the price of gold. Gold is not going down, it is in an incredible bull market, with the fundamentals driving it. Buyers everywhere. Any pull backs, buy.IMO
Look at the chart of HRG: it is definitely on a steady trend up for the last while. My bet is Severstal plays around, and then makes another move to acquire the rest of the shares, and then sells the whole gold group, as per the article.
If this is correct. Just sit and do nothing.IMO They have to come to us eventually, or that plan does not complete. If someone wants to buy production and some reserves, THIS IS a possible target. And it offers production NOW, with the chance to increase substantially reserves, at a very low price. Even 1 -1.50 is very cheap, so it definitely could be getting a look from many.IMO The end game is upon us.IMO We are within 3-6 months of resolution. IMO
One thing that can happen. Any moment a class action suit could land on their desk. As I said previously, give them lots of rope, and they seem like rope a dope people to me IMO If this should happen, it would be very interesting. Don't forget, Severstal can get hit with one after any deals. So more than one group can play games, and wait. IMO
Shareholders who feel they have been wronged, and own stock within a specified period can do many things. We have a Canadian BOD member! Would not want to be him in a few months. IMO