RE:RE:RE:GOLD MARKET DOWN..i think its not clear management enriches themselve or not ... look at Caldas:..they bought Juby and GCM gave them money for doing this (against shares of Caldas) ..Caldas possibly will rise in valuation to 5 CAD and GCM is the big winner here because they game them money for 2$ per share... we don't know what Juby will be worth down the road..this propery could be worth several hundred millions of $$$ because its underexplored since years because lack of money and already has 4 million oz as resource.... could be a smart deal for all
...the same with Gold X /Toroparu .. yesterday GCM exercised the Convertible debentures..for 3.20 CAD..the SP of GLDX is 3.80CAD... nice gain for GCM ... and Gold X highly possilby will be sold to Zijin Mining for a much higher price...
...all these deals could pay out for GCM in the future..they create value with these deals currently ....much better as paying a dividend...