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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > Expect the offer to be raised to $1.50
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Post by SeekingDoubles on Jul 18, 2012 1:46pm

Expect the offer to be raised to $1.50

Comment by ThyFish on Jul 18, 2012 2:18pm
Thanks Nova and I agree 100% seekingdouble!!  PS Greatest cartoon ever!! hahahahahahahahajhahahahahahaah
Comment by SeekingDoubles on Jul 18, 2012 2:29pm
Hang on to your shares everyone.  Just as we did back when the original offer was .18 - 0.22 and then raised to .30, we will all need to say no to this first offer and then again to the next offer. Mordy will have no choice but to pay well over $2 or $3 before this is all over We all know that there is a coming explosion in the price of precious metals. If Sprott has agreed to ...more  
Comment by yakman on Jul 18, 2012 3:02pm
The offer is lower than the 52 week high.  Also, we have a new mine opening next year and still have no progress on prognoz.  I want value for both of these assets before I sell. I have been in HRG since before the long ride down to .07 and bought more near the bottom.  I lived through the last takeout offers and am willing to wait even longer.
Comment by peego on Jul 18, 2012 3:21pm
looks like all the spammers are out in full force lol.... /ignore them all. I think the offer will be increased by maybe 10% initially to maybe 1.55 to 1.60ish. That will fail, no doubt, then they raise it another 10% to maybe 1.75-1.80ish? 
Comment by tryte on Jul 18, 2012 3:41pm
Its hard to say if it will get that high. A lot of people are sick and tired of this and may take what they can get earlier.   I am still personally more interested in the share swap details because i think long term that is the only way i am ever going to see the TRUE value out of my HRG shares. Once they have 100% of us Nord is going to do everything it can to pump itself up with its ...more  
Comment by peego on Jul 18, 2012 6:14pm
forks
Comment by peego on Jul 18, 2012 6:15pm
At fair value, or I should say at a big discount to fair value, using just a PE multiple of 8 using the most recent quarter's results of 7cents EPS, annualize that, gives a share price of $1.92! and that's a big discount using a low 8 multiple.    There's a big discount on the SP because of the russian forks invovled. and it shows up in their Nord gold price too. They're ...more  
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