RE:RE:RE:RE:GCM @ TSX Investor Day TomorrowBrioche, The round numbers quoted for future production imply guesstimates. It would be nice to know what they are based on.
From the share price we can inferr that many share holders were put off by the transformation of the company. It's not the same company we bought years or even months ago.
The new company could well attract a lot of new investment with the increased diversification in terms of geography and metals mined. Senor Iacono spoke of 15 to 20 thousand tonnes of copper coming out of Toroparu a few years after the gold mine enters production. At current prices that copper could match the gold in value. But in a world of decreasing copper production and electric cars that use twice as much copper per vehicle as internal combustion vehicles, that copper could be worth much more in a few years.
It's true that the name does not fit the company as well as it used to. How about Gran Mundo Metales [Great World Metals]?
Brioche wrote: For chupa .1) However he maintains 200koz for ...TORO .
( but nobody knows how )
2) if he goes metals , why to keep the word gold for gran colombia. ?
he can do what he wants after all . But The way he runs the company is so sinuous and ambiguous....for me.
GLTY .