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GobiMin Inc. V.GMN


Primary Symbol: GMNFF

GobiMin Inc together with its subsidiaries is engaged in the investment in equity, debt or other securities as well as direct ownership stakes in projects, including the development of mineral properties, mainly in the Xinjiang Uygur Autonomous Region (Xinjiang) of the People's Republic of China. The company's segment includes Investment business and Mining business. It generates maximum revenue from the Mining business segment.


OTCPK:GMNFF - Post by User

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Comment by RockLobster1on Aug 25, 2016 9:04pm
58 Views
Post# 25178570

RE:Results are Out

RE:Results are Out
yes before the latest $13m CAD they had 40 cents a share in this report of just cash.   The NAV is much higher.

So now maybe $34m cad of cash... 67 cents or so?   If my math is right that's a good cushion... the Loco holding and gold property is on top of that.

An amazing undervalued company... but this happens.  Hope they decide to buy back more shares, or pay out a special dividend.

good place to park cash if comfortable.
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