Bullboard - Stock Discussion Forum GobiMin Inc. GMNFF

Financial Services Asset Management

GobiMin Inc together with its subsidiaries is engaged in the investment in equity, debt or other securities as well as direct ownership stakes in projects, including the development of mineral properties, mainly in the Xinjiang Uygur Autonomous Region (Xinjiang) of the People's Republic of China. The company's segment includes Investment business and Mining business. It generates maximum... see more

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Post by Malpeque2on Dec 21, 2022 12:46pm

Offer of $1.84 CASH is BElow Pro-Cash of $2.26

US Dollar to Canadian Dollar is 1.36 today so the Shareholder Equity per share with almost No Liabilities is $1.88 x 1.36 is $2.55 Canadian. Cash per share Canadian is $81.7M US x 1.36 $111.1 Can / 49 ...more

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Post by Malpeque2on Dec 21, 2022 12:43pm

Book Value is Almost ALL CASH!!!

Shareholder Equity as at 9/30/2022 is $92.9M US for 49.170M shares outstanding is $1.88 US. As of this date Current Assets totaled $82.27US. All Liabilities totaled $2.446M. Non-Current Assets ...more

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Post by ALINOUon Dec 19, 2022 8:03pm

1,84 i vote no with my 53000 shares

what is the procedire for someone who is not staying in Montreal. It won t be in Montreal they will cjange at the last minute. Where the small shareholders can sue the big bad guys help me

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Post by ALINOUon Dec 19, 2022 7:38pm

exacte message 15 dec computershare

recorf date,date for voting, 9 january meeting date 16 febuery location if available Montreal invest the shareholders with a message of cie,imposible because too many people would be aware.

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Comment by Malpeque2on Dec 19, 2022 4:56pm

RE:suggestion

Most likely the company will not be around in 6 months. The record date to vote on the deal has already been filed on SEDAR and it is January 09. 2023, and the meeting has ...more

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Discussion

Post by ALINOUon Dec 19, 2022 10:23am

suggestion

Mr Tan don't say anything for the next six months, don't answer the phone and text messages the price will go down it will be time to increase the offer to 2.15.

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Discussion

Post by ALINOUon Dec 19, 2022 10:12am

decent at 1,84

GMN received 68 million us = 93 million c divide by50 million shares 1.84. So we are given that the bank account, nothing for the company.

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Comment by Malpeque2on Dec 12, 2022 10:31am

RE:Decent offer at $1,84

NO it is not. Mr. Tan did not even offer the value of the current cash per share.

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Discussion

Post by nozzpackon Dec 10, 2022 1:53pm

Decent offer at $1,84

While a bit below what I consider to be fair value, consistent with the fair value opinion given by independent appraisers, I think $1.84 per share is a decent offer which I intend to vote for. This ...more

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Discussion