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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > Let's put our shares into a co-op and control 10%
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Post by 1marketmaker on Dec 30, 2010 4:59pm

Let's put our shares into a co-op and control 10%

Comment by missouriminer on Dec 30, 2010 5:38pm
What does this process entail? Any cost involved?
Comment by discern1 on Dec 30, 2010 5:49pm
Miner, I would support this idea, however, what difference does it make?  This group would have to report all of its trades as per insider trading regulations.  Do we get a seat on the Board? Do we receive greater influence than the sum of our small voices?Thanks
Comment by fiveks on Dec 30, 2010 8:41pm
The last 10 trades are all house 079. . . 8 crosses, 2 small buys from 072. Who are these crooks? Anybody has theirnames? To me it looks like the Russians have 3 or 4 market makers on their payroll who trade back and forth, holdingthe shareprice down and steady. This way they never run out of shares at no cost to them.As to why?  Maybe Servestal fears a class action from the shareholders who ...more  
Comment by jakethesnake2 on Dec 30, 2010 11:43pm
Fiveks..................hope this helpsHouse 72 is Credit Suisse Securities, House 79 is CIBC World Markets and 99 is Jitney Trade.RegardsJack
Comment by fiveks on Dec 31, 2010 12:29am
Thank you Jack. I could not get the list with the names of all the houses . . . server trouble ! Fiveks.
Comment by tracker11 on Dec 31, 2010 12:58pm
Please correct me if I'm wrong, but, if that was the case (Russians using MM's to bring down the price to buy it back even cheaper) they could surely, amongst them, bring the share price down to where ever they want in the open market, say to $1.00 or 0.80 or even to 0.50 right? That would avoid a buy-out at, what, $1.50 to $2.00But why are they keeping it steady at $1.22 to ...more  
Comment by katchum on Dec 31, 2010 1:54pm
I find it very strong and unbelievable that HRG manages to be flat for days while gold prices are making new highs. Luckily I have other gold stocks and I'll poor some of them into HRG when the time comes.
Comment by WolfgangE on Dec 31, 2010 2:42pm
Tracker if they manipulate it much lower than it is right now at about 1.22 others like myself would buy lots of HRG and the manipulators (Severstal) would have to sell shares, which they really don't want.  And if they buy too many of them it would drive up the price which is not in their interest either at this point in time at least.   So as crazy at is may sound there is actually ...more  
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