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Abitibi Royalties Inc ATBYF

Abitibi Royalties Inc is engaged in the business of acquiring, exploring, evaluating, and promoting its mineral properties and other projects. The company aims to build a royalty company with a focus on the Canadian Malartic mine.


OTCQX:ATBYF - Post by User

Comment by Malpeque2on Jan 01, 2020 10:26am
252 Views
Post# 30508095

RE:Rzz

RE:RzzDon't care who made the "discovery".   A discovery made a decade ago is meaningless in the investment world.    I only care about today and tomorrow in investing.  

GZZ/RZZ are controlled by one and the same insiders,  except for Jimmy Lee.   YOu are right to point out that he is the "wild card" at GZZ.   

While we are 'waiting"  and being "patient" to the extreme,  Glenn Mullan could do a better job of making it worth  my while to pay him for this pateince by selling some of our RZZ on the margin,  in the open market,   to use the proceeds to buy back GZZ shares in the open market at the discounted value to our holding in RZZ,  of course giving ZERO value to whatever other assets GZZ has in the backyard.      Simple math is that doing this is a  way every GZZ share outstanding over time ownes more RZZ shares per GZZ share.
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