High River Gold Mines Ltd HRIVF

HRG and what to do as a Minority

[1marketmaker]

My bottom line.  

 

We are all keenly aware that Severstal has done a masterful job of turning our ship around.  But, we are all keenly aware that at the very same time they have withheld data when it would have raised our stock price so that their friend Troika would not have royally duped  us by diluting us, while at the same time they were also buy our shares on the cheap by making things sound far far worse than they were.  Furthermore, the illegally purchased shares by borrowing OUR OWN MONEY and then buying cheaply made shares from their same shenanigans.  This diluted us. Do not forget that has cost us dearly.  Just to keep this in perspective, had they NOT done that and retired shares, then our multiple would give us a much higher share price even at the same terrible multiple we have now.  Do not forget that.  

 

We are not dumb.  The only dumb people here in Canada is the OSC and other regulators who have allowed this joke to continue.  

 

Mordy obviously does not want a TSX listing and nor has he realized that through clear and honest dealings with a supportive minority shareholder base could he actually have MORE money.  He hasn't seen that.  

 

For those reasons, he can forget me taking his dirty stock in trade and for that reason I will not tender my shares at anything less than 20+ times PE which takes into account Prognoz value as well as the unreleased mine realities of 3.1M oz inferred resource in our one other mine - which they conveniently have decided to release details next year - even though they have the details now.   It's at least 3.1!

 

Forget this joke of an offer.  

 

Say NO....but say it by buying MORE shares and sending letters to the OSC and Yukon regulators.  

 

I have.

 

Don't just complain.  Be PART of the solution.