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Bullboard - Stock Discussion Forum Golden Valley Mines Ltd GLVMF

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

OTCQX:GLVMF - Post Discussion

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Post by cigarbutts on Dec 26, 2018 12:28pm

Correction

RZZ does hold significant holdings in Yamana and Agnico,  but they are essentially passive long term investments in two public companies,   for which a reasonable managers fee is somewhere between 1% and 1.5% of the NAV of these investments.   You can certainly bet that BALL and MULLEN are grabbing much more than that for themselves and their BOD/management cronies at the combined companies when you total it all up!
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