RE:RE:RE:RE:C-TV Update on construction of second gold mine ToroparuLook at the real map :
Gcm has nearly 300 mil cash ( more if i undestand his last input )
Plus 140 mil possible from wpm .
Gcm bought round 550 k shares way higher just in may / june . Inflation was the same.
Don't tell me gcm is not able to spend 3 mil cad this summer for ex . And they did it last month for dslv.
1,5 cad the stock means mcap will be 150 mil cad . With 300 mil usd in the bank . Impossible.
(Without mentionning the big names waiting at the door )
My opinion: serafino stopped repurchases right after petro . So either he is incomfortable with new possible laws or taxes , ( you never know with the left ) either he keeps the treasury for other purposes outside colombia.
By the way , toro is a monster as planned. That's the most important .
Gl