GEEVF Gee Ten Ventures Inc featured news, full reports, and detailed charts
Gee Ten Ventures Inc (GEEVF/GEEVF.PK) Wrap Up:
Gee-Ten Ventures, Inc. engages in the acquisition and exploration of mineral resource properties in the United States and Canada. It owns interest in 16 mineral claims located in Nye County, Nevada; and the Kuvo property in Angola, Africa, as well as has an agreement to acquire a 100% interest in the Kamonia project located in the Tshikapa region of the Democratic Republic of Congo. Gee-Ten Ventures also holds a 100% interest in 10 mining claims in the Chazel and Clermont Township, Quebec; and a 100% interest in the Cavan-Nord Claims situated in Quebec, Canada. In addition, it has an option to acquire interest in a methane gas extraction known as the Lake Kivu project. The company was incorp...Gee Ten Ventures Inc (GEEVF:OTC)
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Market Cap
493.5K
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Total Revenue
--
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EBITDA
1.1M
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DILUTED EPS TTM
-0.01
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P/E
--
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P/S
--
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Return On Asset
-29.30
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Return On Equity
-63.85
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| K = Thousands M = Millions B = Billions | ||
GEEVF Top Compensated Officers
Executives, Board Directors
Key developments for Gee Ten Ventures Inc (GEEVF)
Gee-Ten Ventures Inc. reported unaudited consolidated earnings results for the first quarter ended August 31, 2009. For the quarter, the company reported net loss and comprehensive loss of CAD 22,777 of CAD 0.0007 per share compared to CAD 52,460 or CAD 0.002 per share for the same period a year ago. Cash flow from operating activities was CAD 45,720 compared with CAD 88,347 for the same period a year ago.
Solitaire Minerals Corp. and Gee-Ten Ventures Inc. announced that they have entered into an Option agreement whereby Gee-Ten can earn a 70% interest in the Bienville Gold/Uranium Property located 130 Km north east of the town of Radisson in the southern James Bay Lowlands, Quebec. The property is composed of 659 claims in 3 blocks (to be named Block 1, 2 and 3), comprising an area of 32,850 hectares (81,170 acres). This Option agreement is subject to TSX Venture Exchange approval. Assuming satisfaction of the terms in the Option agreement, Gee-Ten will hold a 70% interest in the Bienville property and Solitaire will hold a 30% interest, subject to a 3% Net Smelter Royalty. All payments and share issuances to be made to the original vendors of the property (including advances on royalties) will be the responsibility of Solitaire.
Further to the TSX (Toronto Stock Exchange) Venture Exchange (TSX-V) notice to issuer’s bulletin of March 18, 2009, the exchange has not received payment from Gee-Ten Ventures Inc. of its annual sustaining fees. At the open of business on May 11, 2009, the securities of the company was halted from trading for failure to pay its annual sustaining fees. If payment is not made within 10 business days of being halted, the issuer will be suspended from trading without further notice. Once an issuer is suspended from trading, it will be subject to a reinstatement review, which must be accompanied by the applicable fee of $500 plus GST and the 5% late payment fee. In May, 2009, suspended issuers should expect to be sent a notice to delist.
GEEVF Competitors
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Industry Analysis
| Valuation | GEEVF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 2.4x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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GEEVF transactions
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| No transactions in the last 6 months. | ||
