Norvista Capital touts Great Bear Royalties (GBRR.V)
And that is fine by me. The majority of my shares in GBRR.V and GBRBF came cheaply via spin out from my shares of GBR.V and GTBAF. What a deal.
Not being a mining guy or even very familiar with the denizens of the Vancouver TSX-Venture scene, I have no clue what Norvista Capital is all about from a respectability standpoint. If I were to feel ‘pump house’ I’d consider taking a ripe profit on some shares. I’ll have to look into it.
I had been wondering ‘why the pump in price?’ and an email from subscriber MC, who is a geologist and unlike me is very familiar with the TSX-V landscape, informed me of the Norvista tout. I’ll have to look into it and also inquire of MC’s thoughts.
[edit] I waited for MC before posting. He was not familiar with Norvista but he is intimately familiar with GBRR and says that his valuation model – conservatively produced – is in agreement with the Norvista target (CAD: 14). All in all, I’ll continue to hold with the understanding that post-pump volatility is probable.
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