High River Gold Mines Ltd HRIVF

Sold my shares

[loki69]

Sorry everyone. I had to sell 28000 shares at .48. I do not trust the Russian crooks and I have no idea what the heck is happening with the share price or the next screw the minority shareholders move by the Severstal (HAHA) board of rip em off directors. I will buy back in when i figure this senario out.

[prouditalian]

good sell, especially since the high of the day was .47!! Nice try buddy.

[uncoverer]

Perhaps that sale did not go through for him proud. May be good for him. Appears HRG/Severstal wants the stock to run for increased value OR the value is being telegraphed and dictated by other knowledgeable, interested parties.One listened to scenario is that Severstal could wash their hands of this whole minority shareholder mess and possibly sell all or parts but  insist AT A

[drichard53]

you state "The new board appointee seems to be the strategy type for finding/creating value. "what basis do you have for this assessment?i have found nothing that points to this conclusion, even tho it would be nice.

[adammacc]

TORONTO, ONTARIO, Sep 03, 2009 (MARKETWIRE via COMTEX News Network) -- High River Gold Mines Ltd. (TSX: HRG) ("High River" or the "Company") is pleased to announce the appointment of Igor Klimanov to the board of directors. Mr. Klimanov currently holds the position of Manager of Strategy and Corporate Development at Severstal Resources.

[drichard53]

thanks addamac, but could just as easily be interpreted that he is now onboard to more closely control the moving of HRG to Severstal, as he is is the severstal Manager of stategy and ..... how uncoverer gets to ...finding/creating value... especially re HRG just seems to be a bit optimistic until we see some of Klimanov's manouvers.

[adammacc]

You’re 100% right, it could be more smoke and mirrors, but I am optimistic! I know I’m probably going to get bashed for what I’m about to say, but I think Severstal got exatley what they wanted, to increase their position cheaply without another private placement. I understand one of Severstal main objectives is to become a diversified mining company. Also in 2007 Mordashov's announced he

[drichard53]

you shouldn't get bashed, it is a valid assessment of the facts as we have them. Trouble is we don't know Mordashov's motivations at this point. Thus, we sit and wait, things getting slowly better, SP getting higher. Gold probably staying in the area for a while. If Mordashov lets HRG go, Putin is probably not going to be pleased. of interest: https://www.financialsense.com

[missouriminer]

IMO- this new appointment provides a win-win situation for us, if he is legitimate and is here for the good of HRG the sp goes up We win, If He has been appointed for more sinister reasons it simply provides more evidence of conflict of interest. HOPE FOR THE BEST......PLAN FOR THE WORST......