Post by
arh0070 on Jan 17, 2019 11:30am
Rzz/gzz
You are not the first to raise the issue of executive compensation.The value of RZZ will become clearer when the update and reserve estimation at malartic comes through in the next couple of months .Agnico and yamana have played thier cards very close to thier chests and very little info has been released about the exploration holes being drilled in the rzz royalty envelope and just outside of it .In my opinion much greater chance that if someone wanted rzz ,the way to do it would be to take out gzz ,then you would control rzz .Thats probably the reason why Jimmy Lee (board member of gzz)has been doing so much insider buying of gzz .Its been a long wait for something to happen ,I own a lot of gzz but not rzz .Rzz has done fairly well due to low float and price has been in a trading range for some time. .Despite all the gzz insider buying price is down some but not as bad as a lot of small mining shares .Hopefully then the news in Febuary from Malartic will have a significant impact upon rzz and also gzz share price ,and more clarity about rzz royalties from malartic .