OTCQX:GLVMF - Post by User
Post by
arh0070on Sep 10, 2017 5:39pm
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Post# 26677566
Gzz
Gzz Jimmy Lee is not selling ,he is an insider and there are no reports of him selling .Did see that VAL D,OR mining is trying to raise money to fund exploration of the 60 properties it took over from gzz .it used to be called nunavik nickel .gzz owns a significant number of its shares .The website has an update of all its projects ,its trying to fund exploration through subsidiaries so no dilution of gzz stock .amazing that you can buy it for substantially less than net asset value .I wish that abitibi would do more covered calls ,loose some of thier yamana and agnico stock ,buy back more of its stock 50% from the market 50%from gzz ,that way gzz maintains control and gets money to buy back its stock at less than net asset value .Thats what a corporate raider would do .Seems like a no brainer to me .