High River Gold Mines Ltd HRIVF

RE: RE: RE: RE: RE: RE: Q2 Results?

[bart_dc]

ThyFish,
the IPO will have no effect on the trading of the HRG shares.
Currently Severstahl owns about 70% of HRG via Severstahl Gold.
They will bring this vehicle partly, say 25%, to the London (?) stock exchange but 'our' HRG shares will keep on trading on the TSX.
The only thing that Severstahl wants is that their IPO can be done at the highest value possible because they will actually be selling part of their stakes in CREW, HRG and others by doing that IPO (they will sell about 25%). 
They want probably about 1 billion for that 25% upon the IPO.
For that 1 billion or 25%  (4 billion for the whole of Severstahl Gold), they need HRG to trade considerably higher.
Otherwise they cannot get 1 billion for 25% of their Severstahl Gold unit.
That's where the catch is. And that's imo opinion why Goldman Sachs already bought about 2 million shares in recent months. They were contacted to guide the IPO but it's JP Morgan, if I'm not mistaken, who will have the honour.
Goldman Sachs is in the know.
Severstahl NEEDS HRG share price to rise dramatically to maximize on their investment. And they have untill this fall to accomplish that. Because by the end of this year 25% of Severstahl Gold will be sold to the public and they DON'T want to sell cheap.
Severstahl is on our side.
Watch out for the pop to happen, no later than at Q2 numbers...