RE:split gcm into share holding company and segoviano, doesn't sound anything at all like a good idea. what do you suppose the new company would do with the money if or when one of the investments is cashed out from a sale (or takeover) of one of the investments? too much chance they'd "reinvest" it in some dumb explo company elsewhere rather than distribute it to shareholders. so, pray tell... how many would be looking for an exit from it when any sort of "additional value" is acheived with it?