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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > about the russian "news"...
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Post by packerdriver on Aug 09, 2012 4:03pm

about the russian "news"...

it shows that Mordy is nothing... if not consistent. In another article linked in the one previously quoted, the article describes how Mordy "borrowed" 1.5 BILLION rubles from a company he was trying to take over...same deal as HRG: mordy's company is majority shareholder, mordy wants it all so he borrows at below market rates.

The company was "Power Machines"....mordy's company was Highstat. Now for the hilarious part: an alnalyst from some russian securities firm is quoted as saying that there is absolutely nothing wrong with a company loaning a shareholder money at "below inflation rates" !!!!

Holy cow! either they got a very different understanding of things over there in Russia....or mordy owns that particular securities firm....through another offshore shell company of course!

Yeah sure, sign me up to get some of those Nord shares and be subjected to twisted russian logic??   NOT!

Consistency?...some would call that lack of imagination.

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