GREY:HRIVF - Post by User
Post by
metalmaniakon Oct 19, 2010 1:52am
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Post# 17580392
diff betwen CRU and HRG
diff betwen CRU and HRGvery simple.
Under canadian law, you need 90% of shares to go private. In CRU they have over 90%.
In HRG they have 72%, so would need 18% more to go private. No chance to get up to 90% without taking the share price way higher as I have stated the large funds including Sprott are not selling. Very different scenario.
Any comments from Alex the insider, or Nikolai or Igor?