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, and the James Bay Lowlands of Ontario.

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Golden Valley Mines Ltd > Percentage Ownership

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Comment by Eudaimoniaon Aug 22, 2020 11:16pm

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Post# 31442728

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 owned the same amount of shares after the reverse split. It was amazing because I had the same number of shares and the price was 10 times higher. Of course, my shares were a few days updated.

If this happend to Sprot it would have looked like they became an insider after the post consolidation but this was never the case.

Check with GZZ or Sedar, not sure why you are in denial or tying to given an irrelevant math lesson.

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