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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by SergeBruneton Jun 08, 2011 1:50pm
428 Views
Post# 18688182

RE: RE: RE: Institutional holders increasing

RE: RE: RE: Institutional holders increasingMmmm... it seems that Severstal only needs 13.66% of O/S to make HRG private... or a bit more than 109 million shares... so if they were to make a public offer (alluded to in earlier posts @ 1.50$/sh), then 163 million $ would make it possible to force a going private transaction...  HRG has the cash to do it.

SEVERSTAL GOLD N.V.  610,362,172  76.34 %  20101008  18,999,984 
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