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Bullboard - Stock Discussion Forum Golden Valley Mines Ltd GLVMF

Metals & Mining Industrial Metals & Minerals

Golden Valley Mines Ltd identifies, acquires and develops exploration and evaluation minerals in Canada as well as acquiring royalties. Its exploration properties are located in the Abitibi Greenstone Belt (AGB) (Ontario and Quebec); the James Bay, Mistassini and Otish regions of northern Quebec; the Nunavik (Ungava and Labrador) region of northern Quebec; the Athabasca Basin of Saskatchewan... see more

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Bullboard (OTCQX:GLVMF)

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Post by argaivon Aug 26, 2020 9:52am

My Bad

I did not read the previous post properly. It states Eric Sprott wanted 15% of the company, but the next post says he only owned 1.5% at this time. I visit so many of these boards every ...more

Comment by Stockwatcher123on Aug 23, 2020 2:36am

RE:RE:RE:Percentage Ownership

Thank you! Didn't feel like type that message myself since I know someone would explain it. :D

Discussion

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Comment by Eudaimoniaon Aug 22, 2020 11:16pm

RE:RE:Percentage Ownership

Sprott never owned 15% of the company to begin with, only 1.5% as previously mentioned. The same thing happened to me where my broker did not have my account updated and it appeared like I ...more

Discussion

Comment by PeterHHon Aug 22, 2020 8:27pm

RE:Percentage Ownership

God help me if investors need to be explained this.

Discussion

Post by argaivon Aug 21, 2020 1:35am

Percentage Ownership

If there are 100 million shares and you own 15 million shares you own 15% of the company. If there is a 10 for 1 inverse split then you own 1.5 million shares and there are 10 million shares ...more

202

Discussion

Post by arh0070on Aug 16, 2020 8:01am

gzz

He owns 1.5% of GZZ ,if you dont believe me check with GZZ .

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Discussion

Comment by argaivon Aug 15, 2020 9:01pm

RE:GZZ/Eric Sprott

If Eric Sprott owned 15% before the inverse split, then he still holds the same percentage of shares after the split. He holds less shares, but his percentage is still the same. His ...more

Discussion

Post by arh0070on Aug 15, 2020 11:56am

GZZ/Eric Sprott

There was an error on the sedar report ,they forgot to account for the reverse split .Mr Sprott owns 1.5% of GZZ ,which is good news since he must believe in the prospects for GZZ as do I .GZZ is a ...more

157

Discussion

Comment by arh0070on Aug 15, 2020 9:36am

RE:RE:Sprott hot to trot for GZZ

I will see if I can confirm .Not sure how Sprott would acquire 15% of the company unless Jimmy Lee has sold part of his holding .This is not shown on Canadian insider reports yet . Just listened to ...more

Discussion

Comment by PeterHHon Aug 13, 2020 12:06pm

RE:Sprott hot to trot for GZZ

Wow, this is pretty huge! I had no idea about this. Thanks for sharing!!

Discussion

Post by argaivon Aug 13, 2020 12:24am

So Was It 12 For 1

Inverse split on this stock. There sure are not many outstanding shares anymore.

164

Post by thasison Aug 11, 2020 8:08am

Sprott hot to trot for GZZ

Sprott has filed disclosure now.... As of July 31st owning over approximately 15.08% of the issued and outstanding Common Shares. Sedar filing

193

Discussion

Post by arh0070on Aug 06, 2020 10:22am

malartic royalties

It is not clear how much of the underground resources at Malartic are in the RZZ royalty envelope ,it will be apparent in 6months or so .the best way to participate in the Malartic underground in ...more

161

Post by thasison Aug 03, 2020 11:50pm

JV at Canada’s biggest gold mine eyes underground potential

JV at Canada’s biggest gold mine eyes underground potential As noted on the website below Abitibi is entitled to 3% NSR on this expanding resource. Cheers Link Link 2

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Post by arh0070on Jul 31, 2020 10:25am

GZZ

I think Glenn is going to follow the RZZ model now there is a small number of shares outstanding ,buy back small amounts of shares as cash becomes available from RZZ .This has resulted in RZZ being a ...more

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