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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > Bluecone Ltd: A unit of Severstal
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Post by Greek_Fire on Nov 26, 2010 3:29pm

Bluecone Ltd: A unit of Severstal

Hey guys,

I've been reading this board for about a year and hold a modest amount of shares in HRG. I've enjoyed reading this board and find it very informative.

Anyway, I've noticed some insider trades by a group called "Bluecone".

https://canadianinsider.com/coReport/allTransactions.php?ticker=hrg.to
https://investing.businessweek.com/businessweek/research/stocks/private/snapshot.asp?privcapId=39264755

Any idea what's going on here? Is this old/no news?

I'm long HRG.
Comment by 1marketmaker on Nov 26, 2010 5:09pm
My thought is that this is the group that actually purchases and does the trade for Severstal....which is probably typical.  Anyone else?   If they're owned by Severstal then I have to assume they cannot just start buying shares in the market without first declaring the intention to do so....or that's an insider issuer bid....and they'd be breaking the law.  Russians don ...more  
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