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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

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Post by discern on Apr 14, 2010 4:34pm

filing

The only thing good about this press release is that the management normally waits until the last second before they issue an update.  We only heard on March 31st that the audited file would be delayed.  So at least they are giving us one days notice, instead of releasing this statement tomorrow.  Perhaps they are starting to care?
Comment by Kee000 on Apr 14, 2010 5:22pm
Discern--I noticed that too. The first nice thing he,s done too the minorty in my 14 months of following this stock.I did like the fact that nothing has changed. So you have too feel good about that. I guess what irks us most about Severstal is he doesn,t like too share. if he had promoted this stock instead of doing everything in his power too knock it down we would be at $3.00. Well we have ...more  
Comment by cjsell on Apr 14, 2010 5:42pm
The update did not address if the continued delay was due to (wink wink) KPMG not having completed the audit, or has KPMG completed the audit and HRG (Severstal) is responsible for the delay. In any event "we" the minority shareholders continue to get lousy management.  But on the bright side, POG technicals look great going forward no matter what Severstal does, and every day HRG ...more  
Comment by peego on Apr 14, 2010 7:24pm
anyone here think that there's a possibility sh*tstall is having problems getting the PP shares from Troika? A possibility that Troika wants much more than the rumored .76 for the undervalued shares of HRG that they got? Just a thought.In any case, I picked up another 5k today. So little volume.
Comment by Critical_Mass on Apr 14, 2010 7:35pm
Annoying but not unexpected.I'm going to go out on a limb here and say the stock doesn't do anything different than it has for the last week.  I.e. Very little with no volume.  Nothing is changed from yesterday except the likelihood of having some of the past write ups and funny accounting reversed imo as KPMG is definitely looking at them closely. I have no idea what is taking ...more  
Comment by Critical_Mass on Apr 14, 2010 7:48pm
I hadn't thought of that, but that is a very good point.  It is certainly possible.Maybe they are trying their old games to shake out Troika.Would be very promising for us to have Troika as an ally in extracting fair value from HRG rather then as a Severstal lackey.That would be quite the announcement if they had to pay 1.50 or something to get the shares out of them, if they can even at ...more  
Comment by novl1996 on Apr 14, 2010 8:18pm
What about another private placement?  Manipulate the stock lower, halt the stock and announce a private placement  to a Troika like company?
Comment by discern on Apr 14, 2010 10:36pm
I don't think that Troika can be messed with.  Part of the agreement with the shares IRC was that they were able to put a member on the board.  Since they have an inside scoop it would be hard to mess them around.