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Bullboard - Stock Discussion Forum GOLDBROOK VENTURES INC V.GBK

Bullboard (TSXV:GBK)

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Post by DrLinkon Sep 22, 2010 10:53pm

RoyalScrew- If you read the Chairman's

If you read the Chairman's Letter Jan 2010- https://www.goldbrookventures.com/media/GBK%20Jan%202010%20Chairman%20FINAL2.pdf You will see that it clearly states that we own 25%...not just 25 ...more  
Post by RoyallyScrewedon Sep 22, 2010 10:29pm

The rest of GBK

What about Jilin Jien's 50% stake in Raglin? Can anyone tell us the dirty details of that agreement? Here's some facts their web site:- Goldbrook was the largest landholder in the Raglan ...more  
Post by North_of_60on Sep 22, 2010 8:54pm

Greed

The Canadian Royalties deposits are so valuable that it brings greed and stupidity the every CO involve. Neartic Nickel Mines as tried and failed in court to break the contract tying them to CR. Now ...more  
Comment by North_of_60on Sep 22, 2010 8:32pm

RE: Slight of hand...

Even if they would have negotiated for a % of NSR in the "agreement" instead of 25% it would have been a accomplishment by the management, they never had to put a dime upfront.So what would ...more  
Post by RoyallyScrewedon Sep 22, 2010 5:14pm

Slight of hand...

There is a valid question as to what the voting shares constitute.Voting shares can carry multiple votes for each single share of stock. "Commonly, the "super voting" multiple is about ...more  
Post by fliptwoon Sep 22, 2010 1:43pm

gbk

25% of the cash is not 5% of the cash.  And cash is what this is all about.  Chinese control will drive commodity  prices down.    Why, because they can sell t o ...more  
Post by ivanyee1948on Sep 22, 2010 12:45pm

GBK's 25 % equity = 25 % Profits.

If you form a partnership co with your friend 25 % you + 75 % your friend. He will have 3 directors + you will have 1 director basically. Management will be dictated by the majority 75 % friend, not ...more  
Comment by JohnBoy4on Sep 22, 2010 12:43pm

IRE: RE: RE: GBK's equity ownership of 25 % of JIE

If that was the case dont you think it would have been better to state that is what you were up to instead of the way it was done with the resultant tanking of the SP?
Post by fliptwoon Sep 22, 2010 12:38pm

gbk

this is all about who gets the cash proceeds.  the voting shares get the cash first.  After that the discretionary cash can be disbursed as dividends to the non-voting common and preferred ...more  
Comment by potluck1on Sep 22, 2010 12:17pm

RE: RE: GBK's equity ownership of 25 % of JIEN CAN

I disagree, I don't think the voting rights % and ownership % are the same. GBK would still own 25% of the Nunavik Mine, regardless of it's voting %. A previous post mentioned it could be to ...more  
Comment by fliptwoon Sep 22, 2010 11:51am

RE: GBK's equity ownership of 25 % of JIEN CANADA

It is all about the profit!  GBK will go from 25% of earnings to 5% of earnings if this were to go through.  I smell lawyers in the midst of things.  Only a lawyer could dream up ...more  
Post by ivanyee1948on Sep 22, 2010 9:48am

GBK's equity ownership of 25 % of JIEN CANADA .

My thinking is that GBK's 25 % ownership of JIEN CANADA = CZZ's $6 + Billions dollars PGM Metals deposit, mine in process remains the same 25 % so GBK's valuation has not materially ...more  
Comment by 5oceanson Sep 22, 2010 9:44am

RE: RE: No more Chinese resource buyouts

As we know it ... ... ... Made in ????? ... ...    !!... ... ?gullible(many) Canadians!
Comment by famaron Sep 22, 2010 5:34am

RE: No more Chinese resource buyouts

It's time to send them packing.......and put all their investment on hold as they did in Ecuador.Canadians are to generous, always wondered why this stock with such value wasn't moving.Just ...more  
Comment by 5oceanson Sep 22, 2010 12:41am

RE: Hello ...!

Congrats dan12010, your gut feeling for these guys around the CZZ fiasco was absolutely correct.  Remember Eunice and his dummy character?? ... Man, what goes on ... ...  The worst part is ...more  
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