GREY:HRIVF - Post by User
Post by
metalmaniakon Nov 30, 2009 3:32pm
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Post# 16537284
financing update???????????
financing update???????????the big mystery is why has this not yet passed??
Basically Polenica is a vehicle that belongs to Troika which is a financial advisor of Severstal thus a related party. If it does pass, Polenica will probably not be able to vote the shares towards any buyout.
Folks, severstal will have to pay us just value for our shares. They are trying to buy in the market there are no sellers. They know this.
i picked up 250k over the past week under low volumes and there are ZERO sellers out there.
Gold at 1180.
HRG trading at 2x cash flows.
Severstal Resources ants to IPO at 1.5 BIL and HRG is 2/3 of all output. They will have to pay up. Load up.