RE:RE:RE:RE:Why GCM isn't trusted and continually lagsi think a large part of the lagging this year is the bots think gcm is losing money, as well as new investors looking at financial sites showing gcm losing money, all because of the large non-cash loss. in the previous year financial sites were showing low p/e positive earning, and gcm share price was rising with gcm making the tsx30 list of best performing companies, so gcm share price was not always lagging with this management.
the previous q4 large non-cash loss will soon disappear from trailing 12 month earnings, ttm earnings will change from negative to positive, and that theory will be tested by seeing how much the share price improves.
gcm management are old and will soon retire. neil woodyer takes over as ceo and gcm share price shoots up :)
one of these days the arbitration with colombia involving the marmato open pit completes and there is a surprise award to gcm of $500-$750 million and the share price shoots up too :)