RE:RE:numbers
end of Q1 Income Tax payable was 30 million USD ..in Q2 they pays 32 million ... means a lot of profit made in Q2 ...
we will see it in Q2 financial statement they GUY -profit was realized in Q2 or not ... most interesting part of the financials will be the value of the investments... they own a lot of shares +warrants in old X and Caldas ... both stocks are up in Q2 .....
the ppl critsm here is GC; putting money into these 2 companies . but they receive shares of them ... as long the SP's of Gold X and Caldas rises all is good here.... my bet is Zijin will take over Gold X for 5$ per share soon ... and GCM own 20%+ 5 millons warrants of Gold X ... huge profits ahead ;)
...same wiith Caldas... 2021 Caldas will start drilling at Juby and nearby propects.. already 4 million oz discovered there...with rapid developement of this asset the value oh Juby could be 150-200 million USD as a developement projekt... look at Skeene and others and their valuations.. Marmato woth 300 million USD (minimum), Juby 200 million USD ..GCM own 50% of Caldas= 250 million USD ... this 2 projects are covering the entire marketcap of GCM .... virtually you get Segovia + Gold X + Zancudo for free ;)))) ....
GCM is undervalued here....