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Gold Standard Ventures Corp. V.GSV


Primary Symbol: T.GSV

Gold Standard Ventures Corp is an advanced stage gold exploration company. The firm engages in acquiring and exploring mineral projects, in and around Nevada for gold and other minerals. The firm focuses on obtaining discoveries at the Railroad-Pinion gold project located within Nevada's Carlin Trend and Lewis gold project located in Lander County. It also operates mining projects names Bald Mountain, North Bullion, Dark Star, and Pinion in Nevada.


TSX:GSV - Post by User

Comment by BillSmith9on Mar 15, 2017 4:25pm
130 Views
Post# 25984437

RE:When will they stop buying?

RE:When will they stop buying?Good question. Someone posted that GSV would comprise 1.43% of GDXJ, a US $5.2 billion fund. Using very round numbers, 1.43% is $74,360,000. It is hard to guess the average price paid. In this case, I'll use US $2.55, but your guess may be better. Using $2.55 you get a ballpark figure of 29,160,784. Well, if the stock trades around 1.5million shares a day, do you suppose GDXJ's buys are 2/3rd of that? Even with different assumptions, they could have a ways to go. Your mileage may vary.
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