article Gran Colombia Gold Corp.
Last week I had the pleasure of interviewing Serafino Iacono for my site motherlodetv.net (shameless plug). He is the Executive Chairman of Gran Colombia Gold Corp. (TSX: GCM) which is a 200,000 ounce plus gold producer traded in Canada but focused on 27 past producing gold mines in Colombia. I had never heard of Gran Colombia and it was only through the good offices of its new IR guy, Chris Haldane (ex Marathon Gold), that I connected to Iacono.
Here’s the thing, Gran Colombia had some major issues seven years ago, big debt, high costs, low production – Iacono and his team have fixed those issues. Very little debt, increasing production, sub 700 AICC, 100 million in the bank and a dividend. $420 million market cap. Hello. These $6.00 shares are going in my long-term gold optionality account. Plus, they are exploring so there will be steady news. Under the radar now but not for much longer.