RE:RE:RE:RE:RE:Gran Colombia Gold Invites Shareholders and Investment Commu"The institutional investment community just doesn't trust them"
according to morningstar.ca the top 5 institutions bought
897,457 shares of gcm recently. a few years ago this would have been non existent. people were complaining about no analyst before too. now they have analysts. the ball is rolling but people are not seeing it. lumpy13 wrote: kkkrrr: Always appreciate your recommendations (also in ORE, CDV but got out of SGI after the bad results), and others like SKE (up 60% since I invested a month ago), CGT, MOZ and various others.
But I look at Caledonia like a worse example of GCM (with Zimbabwe much worse than Colombia). My daughter spent 15 months working in Zimbabwe (left mid '19) and economically and politically the country really hasn't improved since Mugabe left, mosty due to ZANU remaining in power and corrupt as always. Hence, this looks like a nice mine, but don't see the chance for appreciation like the others mentioned above. ORE is being hurt by the BF terrorism, but in a good location, so will just need to ride things out.
Continually frustrated with GCM mgmt that they can't unlock shareholder value as it should be easily 2-4x higher. The institutional investment community just doesn't trust them
A name I'll toss out is AUN. One of the best silver deposits in N. America, and old underground, high grade mine in Ouray, CO, which can easily restart operations with minimal investment. Any views?