Golden Valley Mines Ltd GLVMF

Gzz

[arh0070]

Its an absolute no brainer ,trading way below net asset value .I own a large position .It has lots of irons in the fire .I don’t understand why they dont do some financial transactions to boost the share price .Rzz bought back some agnico eagle shares which have increased in value since the buy ,rzz could easily sell some covered calls on that position and use the money to buy gzz as an investment .RZZ should be getting some cash flow relatively soon from malartic and again use that cash flow to buy gzz .RZZ buying into thier parent company which is trading at a large discount to net asset value  would make a lot of sense .arh

[cigarbutts]

It is a no brainer.................BUT................your assuming the combined BOD of GZZand/or RZZ has some brains! GZZ could sell some of their shares in RZZ and use the proceeds to buy back remaining GZZ shares in the open market,   thus capturing some of the current discount between the two companies valuation for the remaining GZZ shareholders.  OR GZZ and RZZ could just merge