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COPR acting very well today.
8k filed reflecting name & ticker change https://www.otcmarkets.com/filing/html?id=16871992&guid=jZN-k6NQcNpnJth
Joway Health Industries Group Inc., GTVI, changed to Idaho Copper Corp., COPR:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
GTVI ticker & name change will take place soon .. name change on NV SOS .. 8k & 10k filed 3/10/2023 .. uplisting coming
https://www.otcmarkets.com/stock/GTVI/disclosure
https://esos.nv.gov/EntitySearch/BusinessInformation
MLy.. Management is a laugh. They will never amount to anything but stock diluters. GTVI will pump and dump at some point and MLY... is waiting to dump.
Interesting that MLY.v, the parent company that rolled the CUMO property into this shell, only has a market cap of about $5m Cdn...... I found this discussion just now. Traders on stockhouse are quite well versed on junior miners....
The TSX is a far better place to be listed than the pinks. Companies there can do private placements, unlike in the pinks. At least GTVI is an SEC registrant. But the company may never be able to afford to develop the project.
https://stockhouse.com/companies/bullboard/v.mly/multi-metal-development-ltd?threadid=35302138. The general mood is that GTVI stands no chance at ever mining that deposit.
I've noticed that you understand this is a trade and no more.
Lowered Conversion price to .075. 12 million shares plus 12 million to buy warrants at .15 so 24 million shares total dilution for now with more to come. No volume so they will try to pump this one soon to sale shares or lower conversion price again.
https://www.otcmarkets.com/filing/html?id=16396685&guid=Nd7-kaxCCotsdth
Love it when I am early to a stock and then everybody else wakes up. .25 bid now.
This 8-k will explain it all. https://www.otcmarkets.com/filing/html?id=16342016&guid=Gg7-kFii5r7fJth
They got tons of shares at .10 and .15 and they will pay pumpers to come and pump this one up good so they can sell . How high will they be able to pump it? The best buy in was .08's and .10's I was able to get a few weeks back. Patience and waiting for the pump. Sell when the pumpers sell.
Hello what is up here with GTVI? .22 cents right now.
Thanks for any DD packets.
Somebody woke up! Look like insiders are buying to push it up so they can sell at higher prices. They got their shares at .10 and .15 so they will try to push it and create volume.
I see. Big merger. Billions in assets and shares locked up for 18 months. Watching closely.
Finally, in 2020 SRK authored a NI 43-101 compliant Preliminary Economic Assessment and Technical Report for the CuMo project. This document, relying on the previously published 2015 resource estimate, proposed an open pit mine and concentrator combination at a milling rate of 150,000 tons per day, and an initial mine life of 30 years. It also incorporated particle-based ore sorting technology to remove 28% of the mining waste from the ore stream, prior to entering the concentrator. SRK projected that operations would produce (yearly Life of Mine average) of 43 million pounds of molybdenum, 84 million pounds of copper, and 3.7 million ounces of silver. The capital cost estimate prepared by SRK was $3.1 billion, with a cash cost per pound of molybdenum (after by-product credits) of $4.67, a post-tax Net Present Value (at 5% discount) of $1.7 billion, and an Internal Rate of Return of 9%.
In connection with the Exchange, the Company entered into lock-up and leak-out agreements (“Lock-Up Agreements”) with (i) certain majority shareholders of ICUMO, (ii) the holders of the Incentive Stock Options, (iii) the majority stockholder of the Company prior to the Exchange; and (iv) certain service providers who will receive shares of Common Stock as payment for services rendered in connection with the Share Exchange Agreement. These Lock-Up Agreements cover the Exchange Shares, any Common Stock issued pursuant to the exercise of any Incentive Stock Options or 2021 Warrants, and all shares of Common Stock issued to such service providers (the “Covered Securities”). The Lock-up Agreements provide that the Covered Securities are subject to an 18-month lock-up from the date of the Share Exchange Agreement, subject to (i) early release upon the Company up-listing to a national securities exchange, and (ii) termination upon certain corporate events and transactions, and provide for certain limited permitted transfers where the recipient takes the shares subject to the restrictions in the Lock-Up Agreement.
https://ih.advfn.com/stock-market/USOTC/joway-health-industries-pk-GTVI/stock-news/90079325/current-report-filing-8-k#EA171459-8K_JOWAYHEALTH_HTM_a_002
Nice find DD! I wondered what had caused the sudden influx in volume today!
GTVI Merger - https://cumoco.com Largest molybdenum deposit in the world. Wait for GTVI to release news or 8-k to verify.
Developing the largest un-mined molybdenum deposit in the world
CuMoCo has discovered one of the largest deposits of molybdenum, copper, silver, tungsten and rhenium in North America near Boise, Idaho, USA. The CuMo Project is advancing towards feasibility with the goal of being one of the world’s largest and lowest-cost primary producers of molybdenum
CuMoCo is the largest Shareholder In Idaho CuMo Mining Corporation which owns a 100% of the CuMo Project, which is not only rich in molybdenum, but also contains very significant credits of copper, silver, rhenium and potentially tungsten; in fact, enough rhenium (critical USA minerals) to make it the largest in the USA and enough silver to place it among the Top 25 silver deposits.
The CuMo Project has two distinct layers of diversification: the upper half contains higher grades of silver and copper compared to molybdenum; the lower half is rich in molybdenum, with lower grades of silver and copper. The total recoverable value of both layers is what gives the CuMo Project such excellent economic potential. An independent NI 43-101 preliminary economic analysis prepared June, 2020 shows a production life of 30 years with an average annual undiscounted after-tax cash flow of slightly over US$370 million, with substantial room for improvement as various optimization techniques are applied. The CuMo Project is in a politically stable location in an area heavily mined and logged over the past 100 years.
https://www.otcmarkets.com/stock/MLYCF/news/story?e&id=2431312
Current Share Structure
https://www.otcmarkets.com/stock/GTVI/security
NEWS
International CuMo Mining Corporation Signs Term Sheet to Merge with US Public Traded Company
Newsfile Corp.
Newsfile Corp
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2022) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American CuMo Mining Corporation) and its subsidiary, International CuMo Mining Corporation (ICMC), are pleased to announce that ICMC has signed a non-binding term sheet to merge with a US "shell corporation," Joway Health Industries Group Inc. (OTC Pink: GTVI). Upon completion of the merger, Joway's name will be changed to International CuMo Mining Corporation, and it will become the operating entity for the CuMo project, the world's largest primary molybdenum deposit and the largest silver and one of the top 10 copper deposits in the US.
The purpose of the merger is to access US capital markets, in part to finance the company's pre-feasibility and feasibility studies, and in part to reflect the project's important role in the US effort to reach self-sufficiency with respect to mineral resources.
ICMC's assets will be valued at US$40mm for purposes of the merger. The transaction will involve no cash consideration. Current owners of GTVI will retain a9.9% stake in the merged company, with ICMC holding the balance. The merged company will be managed by ICMC's existing management team, and ICMC will have the right to appoint the Board of Directors of the merged company.
The transaction is a first step towards up-listing the merged company to a senior US exchange.
As presently drafted, the term sheet contemplates a lockup applying to all material shareholders of the merged company. This lockup will remain in effect until the earlier of 18 months from the closing of the transaction or 3 months following an up-listing to a senior US stock exchange.
The Parties are working to complete a definitive and binding agreement by November 1, 2022. Such an agreement will include all customary representations, warranties and indemnities, and will be subject to necessary approvals. ICMC has been represented in this matter by Newbridge Securities, which will earn a commission for facilitating the transaction.
Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., President and CEO of the Company is the designated qualified person for the CuMo Project, and prepared the technical information contained in this news release.
About Multi-Metal Development Ltd ("MultiMet")
MultiMet is focused on advancing the CuMo Project owned by its subsidiary International CuMo Mining Corp. towards feasibility and working on its Bleiberg project in Austria. Management is continuing to build an even stronger foundation from which to move the Company and its projects forward. For more information, please visit www.multimetdev.com.
For further information, please contact:
Multi-Metal Development LtdShaun Dykes, President and Chief Executive Officer
Tel: (604) 689-7902
Email: info@multimetdev.com
I think this will be a be a really good one over next few months if they complete merger.
This is ve skweeze de shorts. chee chee follow the $$$$$
Trading slow with GTVI. Bought a few shares incase something happens. Super good share structure.
Outstanding Shares 20,054,000 10/11/2021
Restricted 18,569,426 10/11/2021
Unrestricted 1,484,574
Held at DTC Not Available
Float 1,484,574 03/07/2021
Pink Current
thanks for the heads-up.
High today .978 high June 2019 2.99 Almost 1.5mil float. Maybe a merger. Good share structure for one. O/S 20mil
Nice boom....didnt hold. :(
This bad boy jumps all over the place.
One big buy and boom!!!
I got 2k at .30
Sold at 2.50
Put some back in and boom!!!
Drop like a stone
Grrrrrr
The old promotion then company puts out a 8k saying they have no clue
Gotta love OTC