Post by
arh0070 on Sep 10, 2017 5:39pm
Gzz
Jimmy Lee is not selling ,he is an insider and there are no reports of him selling .Did see that VAL D,OR mining is trying to raise money to fund exploration of the 60 properties it took over from gzz .it used to be called nunavik nickel .gzz owns a significant number of its shares .The website has an update of all its projects ,its trying to fund exploration through subsidiaries so no dilution of gzz stock .amazing that you can buy it for substantially less than net asset value .I wish that abitibi would do more covered calls ,loose some of thier yamana and agnico stock ,buy back more of its stock 50% from the market 50%from gzz ,that way gzz maintains control and gets money to buy back its stock at less than net asset value .Thats what a corporate raider would do .Seems like a no brainer to me .
Comment by
Mattheus on Sep 17, 2017 9:17am
I think most people missed reading latest update that was attached to release about new cfo .....the east zone is starting to sound very promising as well