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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > Severstal will sell or IPO
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Post by metalmaniak on Oct 22, 2009 3:07pm

Severstal will sell or IPO

as was mentioned today in Moscow. 1 H of 2010.
It is pretty obvious that they want to sell the whole division to one party and in order to do that, they will need to consolidate HRG into Severstal. they failed at .30, and now they will have to pay North of 1 dollar or miss out of a golden opportunity and miss out of billions. Not even they are that stupid or greedy. There are just too may strong parties involved with too much cash in the monority pool of shareholders. It shall be done. I have purchased more today.
Look for a VERY improved takeover price that may just pass if they play it smart and pay a decent price.
Comment by Olderwisernow on Oct 22, 2009 3:31pm
Sever all is going to be the new name for the company, and everyone is Igor to hear something. Is that correct? It does not matter which way they go, they can't get the needed shares cheap, to date, and are still pissing around. We hear people say, they are smart, they are dumb, they are this or that. I say, they are exactly what they appear to be, a company in trouble (Severstal that is) with ...more  
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