RE:RE:RE:I'll explain to you why ,agree that the best use of cash today wouyld be to buy back shares, which they said they are doing.. the deal for Caldas was done long before the current situation, so you cannot blame them for not knowing this Virus was going to destroy our economy..
I think the plan was to not add the capex cost to GCM's balance sheet while controling the deposit through Caldas, then they have the OPTION to buy all of Caldas if it is the right thing to do at the time.
As far as GLDX.... yes it is still far off and requires 400m capex? i think from memory... but a 10 million ounce deposit for a market cap of around 40 mil,,, I think its a great opportunity,, but in my opinion, not ripe enough for me pick yet. I am staying with producing mines for now.
Good luck to all