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Bullboard - Stock Discussion Forum Golden Valley Mines Ltd GLVMF

Golden Valley Mines Ltd identifies, acquires and develops exploration and evaluation minerals in Canada as well as acquiring royalties. Its exploration properties are located in the Abitibi Greenstone Belt (AGB) (Ontario and Quebec); the James Bay, Mistassini and Otish regions of northern Quebec; the Nunavik (Ungava and Labrador) region of northern Quebec; the Athabasca Basin of Saskatchewan... see more

OTCQX:GLVMF - Post Discussion

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Post by arh0070 on Jun 09, 2017 11:30am

rzz

You are correct .There is some news posted in an online version of an Abitibi news paper about the malartic mine but unfortunately its all in French and there is no English version ,and my French is sadly not good enough to translate .The reason that abitibis price has held up so well is that there is no dilution planned ,the float is small and they are buying back their shares .Ian Ball is basically just sitting back and just waiting ,in fact not doing very much. I need to do a calculation as to what value the market is placing upon there royalties at malartic once you subtract the value of their ownership of agnico and yamana shares .
Comment by LaurinDE on Jun 10, 2017 12:26pm
you have heard of google translate, haven't you? ;-) (just copy-paste the French article here, we'll do the rest...) L.
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