Golden Valley Mines Ltd GLVMF

GZZ/Eric Sprott

[arh0070]

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 relatively closely held company and it would be extremely difficult to acquire such a large percentage (15%)of the company unless Jimmy Lee or multiple insiders sold which has not happened .I have recently been buying more GZZ post reverse split since I am hoping over time the same thing happens to GZZ as has happened to RZZ .With more revenue/dividends accruing to GZZ as RZZ gets more royalty payments from Malartic I imagine they will buyback shares .With the massive rise in the POG once the effects of the covid virus are gone (2nd quarter) RZZ should have a significant rise in profits and thus more buybacks and dividends .Same strategy with GZZ I would think with hopefully the same results.The equite value of RZZ equite portfolio(Yamana and Agnico)should have risen also .