Sprott and funds wont sell below 1.50crappy translation from the Reuters. Severstal says it wont make buyout attempt.
This is fantastic news as HRG if left alone will get to 3 dollars.
Now we are very borrowed by the projects connected with development of business and improvement of manufacture. We are not going to do the offer about the repayment of all remained actions High River ", - the general director Severstal Gold Nikolay Zelensky in the comments sent ?????? by e-mail has told.
Zelensky's comment became the answer to the letter widespread by the last week ???????????? High River - among which were Sprott Asset Management, Prosperity Capital Management, Specialized Asset Management and Firebird Management - in which was spoken, that these ??????????? will not accept the offer about sale of the actions while its price will not be fair.
By, in their opinion, the level 1,5 canadian dollars for the action, that more, than twice more than a current market price (0,66 canadian dollars) could become such.