OTCQX:GTBAF - Post by User
Comment by
Goaweighon May 01, 2020 2:49pm
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Post# 30977255
RE:RE:RE:RE:RE:RE:Codswallop!
RE:RE:RE:RE:RE:RE:Codswallop!He spends too much time reading the CEO.CA board, explains why he's Lookingclueless.
Well it looks like we have a little profit taking but nothing approaching what I thought was possible. Maybe people are unsure of when they actualy qualify for the spinco shares so are hanging on just to be sure.
Who knows but who cares.
We have dozens of holes to report, Malartic/Hemlo weren't built in a day.
lumpy13 wrote: I'd suggest you understand how royalty/streaming companies work. They pay (sometimes significant amounts) for NSRs normally before the mine goes into operation (and often times years before).
If the GB Royalty shares were tradable today, there would be a market (and probably quite active) as for the shares. Given how royalty/streaming companies are valued, the GB Royalty shares would be more to these companies and an atractive asset to own.
As the reserves/resources are firmed up and as they develop their different and advancing feasibility studies, develop a mine plan and schedule, the GB Royalty share values will increase.
Your ignorance is rather stunning.