High River Gold Mines Ltd HRIVF

RE: RE: RE: RE: Can you see $3 for HRG

[GordonGekko12]

Stock prices don't only appreciate based on buyout rumours. There are many other reasons for a rise in share price....and please don't ask the board to explain what those may be if you don't know already. ----------Original Message Posted 1/7/2010 4:24:18 PM---------- If the $1 buyout is an unsubstantiated rumour the stock price should drop back to the 50 cent level, IMO. If it is true, the stock should flatline at $1. But I think though that if Severstal+Polenica are offering, it won't be more than a few pennies, IMO. There is no need for the to pay any more. Why pay $1 when you can pay 1 penny? If the offer is from another party, and less than $2.50, Severstal+Polenica will reject it, IMO. Severstal+Polenica will want to screw either the little shareholder or the 3rd party that buys them, or both (first buy the rest of it for cheap, then sell all to another for lots). Fate of this one is totally controlled by the Russians. Little Canadian shareholder has no say.

Correct me if I'm wrong.