Post by
arh0070 on Dec 27, 2019 10:31am
Rzz
This has all been extensively discussed a year ago .Glen Mullan is the geologist who basically discovered the malartic mine and who acquired all the other properties in the GZZ portfolio ,several of which are likely to become mines .Ian Ball has done a good job with rzz but has basically just managed the assets, that Glen discovered .RZZ reached an all time high today albeit on minimal volume .One would think that GZZ and RZZ would rise in tandem but this has not happened with RZZ performing better .Sooner or later this divergence will correct itself .GZZ has however recently had a good run .Despite all the protestations I dont think the plans for GZZ or RZZ will change as both entities are controlled by insiders .The person who is perhaps loosing the most in this divergence in share prices is Jimmy Lee ,perhaps rather than complaining on Stockhouse ,one should go to the GZZ annual meeting and ask Jimmy and Glen about this issue .
Things should really start hopping soon for both entities as estimates of resources at Malartic east will be coming out ,hopefully a lot of these new resources will be within the RZZ royalty envelope.meantime we just wait ,extreme patience is required .