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GobiMin Inc. GMNFF

Financial Services Asset Management
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

GobiMin Inc. > Hong Kong Listing
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Comment by auburn2on Aug 30, 2022 3:02pm
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Post# 34930332

RE:Hong Kong Listing

RE:Hong Kong ListingHow many Canadians have access to Hong Kong trading? Anyway, I've finally heard from the CEO, so I don't need to read your wild speculations. GMN is trading at its historical discount to net working capital. They will have to demonstrate to the market they can close that gap. As the CEO said, buybacks aren't effective because regulations prevent them from buying back enough to make a difference. I would note as well: those buybacks further reduce liquidity since those shares are cancelled from trading.
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