GREY:HRIVF - Post by User
Comment by
ThyFishon Oct 20, 2012 9:52am
304 Views
Post# 20505943
RE: Critique of Offer
RE: Critique of Offer CJ, I agree it's an easy lawsuit but what are the costs of the lawsuit? Have you talked to a lawyer? I just can't believe the OSC has turned such a blind eye to the obvious manipulation to the stock price.
Discern, very good points. Do they take into consideration the amount of money Nord owes HRG? And I believe HRG is at least 50% if not more of Nord value. Let's not forget that these guys are not exposing full value. ie Prognoz is being covered up and God only knows what other drill results are being held back.
Also, didn't anyone pick up on what Nord accomplished by releasing intention to purchase at 1.40 in July and then not offering until 3 months later? They capped the upward movement of the share price at 1.40 for another 3 months. Now by the time the offer is official and time to recieve acceptance will be another 3 months. Then they bump offer another 15% or 20% and they are well above 100 day moving average.......these guys know what they are doing. They've done it before!!
GLTA, this is now getting very interesting. ThyFish