High River Gold Mines Ltd HRIVF

RE: Terrible deal ANY WAY

[tryte]

I agree. They need us, so we have the upper hand. However, we know they will NEVER pay us $4 a share. It just wont happen. They're greedy and full of pride. We have to be realistic.

 

Mordy is also trying to find ways to increase Nord's float without selling off too much of his stake. He kills too birds with one stone this way. Consolidates HRG, raises more shares for Nord and gets that much closer to the premium listing he wants on the LSE. 

 

I for one don't see a huge downside to this. I will not however be tendering my shares at a ratio of 6 or 8:1. If Mordy wants to talk, lets talk about a 2:1 swap. I think its going to be another big battle for us, but thats better than sitting here twiddling our thumbs like we have for all of 2011...