High River Gold Mines Ltd HRIVF

IPO Possible failure

[missouriminer]

ThyFish, Brother I am way past the point of being cool with the IPO failing. I'm to the point of hoping it fails! Everyone here knows this Gold bull run has a ways to go, but all things good and bad come to an end. Alexei's business is not Gold, it is clear by Severstals incompetence of marketing that Gold mining is not his forte. His business is steel and to keep his steel business Severstal has some major debt to pay. The Nord Gold IPO has but one motive, that is to raise capital to pay down the massive debt Severstal has on the books and perhaps if Severstal is LUCKY make a little profit. Knowing this Gold bull run will not last forever if the IPO fails expectations Severstal will have no choice but to sell assets while they still have time regarding Au bull run timeline. As many have already stated HRG is the ace in Alexei's hand of cards, out of all the Nord assets we are the diamond. The best if not the only asset any other mining company would be interested in, This coupled with the fact that the minority holders have proved time and again we are not bending over for anyone. Though it will take longer to recognize the true, fair value of our investment IMO it could be the best thing to happen for HRG minorities. If Severstal won't promote us to logically raise the value of the IPO, If the IPO fails expectations you can be sure they will promote the hell out of it to sell their interest in hopes of saving the steel business. Up to and including this present moment Severstal has not made one logical decision with regard to promoting HRG, Lets see what happens when Severstals  future literally depends on HRG's performance and marketing