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Bullboard - Stock Discussion Forum
Gabriel Resources Ltd
V.GBU
Alternate Symbol(s):
GBRRF
Metals & Mining
Gold
Gabriel Resources Ltd. is a resource company. The Company’s principal business consists of exploration and development of the Rosia Montana gold and silver project in Romania. The Rosia Montana Project consist of gold deposits, which is situated in the South Apuseni Mountains of Transylvania, Romania. Romania. Rosia Montana Project exploitation concession license covers approximately 2,388...
hectares (ha). The project consists of four principal deposits, namely Cetate, Carnic, Orlea and Jig. In addition, Gabriel also conducts exploration work defining mineral deposits at the Rodu-Frasin (epithermal gold and silver) and Tarnita (porphyry copper-gold) sites within the Bucium area located in the vicinity of Rosia Montana (the Bucium Projects). The Bucium Project's exploration concession license covers approximately 2,325 ha. The exploitation license for the Rosia Montana Project is held by Rosia Montana Gold Corporation S.A. along with Minvest Rosia Montana S.A.
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TSXV:GBU - Post Discussion
Gabriel Resources Ltd
> Whoever is buying all the shares at this level
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•••
liljohnnyjoke
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Post by
liljohnnyjoke
on Mar 13, 2024 11:35am
Whoever is buying all the shares at this level
must be planning to do a reverse takeover
(15)
•••
SilverSam
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Comment by
SilverSam
on Mar 14, 2024 2:00am
It's really not a lot of shares, when you consider that there are over a billion shares outstanding. Only about 4% of the float has traded so far this week, suggesting that the main players might be holding on to their shares. It's also possible that one of the hedge funds is in negotiations to finance the appeal to annul the judgement, thus surrendering a large chunk of the
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