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Bullboard - Stock Discussion Forum Grosvenor Resource Corp V.GVR

Grosvenor Resource Corporation is a Canada-based natural resource company engaged in the acquisition and exploration of mineral properties. The Company holds a 100% interest in the Powder gold-silver property, which is located 75 kilometers (km) north of Kamloops, in south-central British Columbia, Canada. The property is comprised of two mineral claims and covers an area of approximately 121... see more

TSXV:GVR - Post Discussion

Grosvenor Resource Corp > Nothing New
View:
Post by DHC5and6 on Dec 02, 2024 8:19pm

Nothing New

I don't expect to see anything new until Jan 2025 when the The AMA’s valuation committee, the RUC, reconsider pricing for the CPT codes. Once they figure out what reimbursements, for less than 16 days of data is, Reliq can start doing revenue projections for 2026.
I also expect that there will be so consolidation in the RPM market once the adherence risk is reduced in 2025.
The posting of the financials, when they do occur, will just show the same old thing. The company just barely limping along, not making any money, with minimal cash reserves on hand.
Comment by Canadian_101 on Dec 03, 2024 1:44pm
Well its better than them announcing they are going bankrupt and thats all folks.....there is hope they trade again and hope to get your money back if your invested allrready, personally I really thought they were toast .......
Comment by Peggy123 on Dec 03, 2024 1:47pm
I never thought they were toast,bankrupt or anything else some people on boards have put out. Im a believer  Papi
Comment by ol_griz on Dec 03, 2024 4:18pm
Papi, I have always witheld judgement as to whether the company is doing real business and can survive.  My annoyance is that the situation is tolerated by th BCSC and that shareholders are basically treated as inconsequential/like dirt.  There just doesn't seem to be concern for accountability.  Explanations for the delay have been opaque and utterly inadequate.  
Comment by Peggy123 on Dec 03, 2024 6:11pm
Griz   I agree with your assessment, but i still think we will survive. Papi
Comment by Mitch43 on Dec 03, 2024 3:39pm
They may trade again as they mention on another OTC , however don't expect to make back your money  if you have a large position, too many people got burnt. The best option for investors/shareholders is if the CO can be sold to a running real telemedicine  for next to nothing. to avoid potential lawsuits. Since May/April 23 after doing some DD on this stock, I warned all shareholders ...more