GREY:HRIVF - Post by User
Comment by
yakmanon Feb 29, 2012 5:37pm
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Post# 19607478
RE: HRG 50% of Nordgold
RE: HRG 50% of Nordgold As much as I would like to be excited about this I do not even want a two for one share swap if it comes with a lower valuation of HRG. I want more value for my shares.
Nord could use a two for one share swap to consolidate HRG then start promoting properly. Banking on the fact that many HRG shareholders will sell before or shortly after the swap.
I still think that this is all a way for Mordy to take the whole thing private or sell Nord as a whole to someone and then he gets the majority of the payoff. Early on the rumor was always a flip to some Chinese company.
Frusrated but holding on till the end