High River Gold Mines Ltd HRIVF

Here comes the offer!

[Honkeybill]

Not sure what to expect..........it won't be lowball.....to much value here for Severstal to get away with it. 

    I'm starting to think we might see a pretty high offer with so Severstal can unload some of this stock and get some cash to fix their own problems...........think of it............make the offer for a $1.30 and what this sp go crazy.....generate wild interest and have all the resource and precious fund managers rush into this with blank cheques........let's face it......every fund manager that wants to buy a value priced, mid-tier gold producer will salivate over buying this stock for anywhere around a buck. They can't now.........to low a sp......to much risk......but Severstal offering over a buck and releasing news that cash flow is covering debt will kick that door wide open!

    I'll laugh my head off if the offer is anywhere below 65 cents.........and something like that will also make this stock go crazy.

    Just my uneducated, ininformed, early morning thoughts.

[traxbyweb]

I don't expect any offer even close to 50 cents let alone a dollar.    History tells me to expect something about 30% higher from previous offer or current average share price.   Looking for an offer between 24 and 28 cents.   For my 60,000 or so shares I am looking for a min of 50 cents.  Also expect to see gold leave 1,000 dollars in the dust come fall.   So if

[uncoverer]

Regardless, if a "recommended" offer is the reason for the halt, prior to voting we need this qtr's numbers AND the new revised estimates for Bissa which I understand are in hand ( as a part of the overall committee evaluation process ).