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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

Metals & Mining Gold

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > Wow, did you see the news
View:
Post by yakman on Sep 21, 2009 2:53pm

Wow, did you see the news

CEO has resigned
Comment by Honkeybill on Sep 21, 2009 3:11pm
They made little nicky walk the plank.................I have no idea whether that's good or bad or not.............but I'm thinking that Severstaal might be in more of a jam than anyone realizes
Comment by production05 on Sep 21, 2009 4:05pm
Maybe his efforts to skrue minority shareholders were not satisfying enough for Mr.  Big Man (as he wasn't able to deliver our shares).  You remember the tactics, right?:1) Pretty much a complete write-off of Prognoz prior to performing even a basic feasibility study of the largest (by both resource in the ground and silver grade) undeveloped silver project in the world - at a time ...more  
Comment by Critical_Mass on Sep 22, 2009 8:51am
For sure, he was only here to facilitate HRG's takeover by Severstal.  As such, his removal / resignation is great news and should be seen as a moment of joy for minority shareholders and Severstal admitting defeat in acquiring HRG at a fire sale price and their willingness to move forward to some new stage.Iwas heartened to see the press release stressed the board is actuallymeeting to ...more  
High River Gold Mines Ltd
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