TSXV:HRE.H - Post by User
Comment by
TrickyGameon Mar 27, 2020 2:04pm
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Post# 30853808
RE:RE:RE:RE:RE:Original press release
RE:RE:RE:RE:RE:Original press releaseWe had an AGM in January 2019 and you do realize A) we arent recording the 32.5 Million CAD judgement (31.8 million CAD converted from 24 Million USD and 700,000 CAD from that default payment order from when the Republic tried to set aside judgement and was rejected) that means WHEN we actually announce that we have received the money there should a spike in the share price and B) the second funder is still funding us as of september 30 according to the MDandA November 27 and by extention they must still be funding us up until this point as we would not be able to survive without them. This means that as long as they continue to fund us there is literally no danger of us going bankrupt. C) We have the 50/50 JV basic structure negoiated which makes us an attractive take over target for a company looking to develop Russia's lithium sector which the Russia government is currently trying to get off the ground. For example Polymetal International just bought a 9.1% stake in a Russia REE producer for $20 Million USD. They potentially could buy us out as well. Potentionally. D) there has been no insider transactions since December 24 making that 60 trading days with no insider transactions as of yesterday and insiders are prohibited from trading if they are receipt of non public info, which there being 60 days without transactions increases the likelihood they have non public info especially since HRE is trading at its lowest point ever in it's history as a public company.