RE:RE:GCM Mining To Acquire Aris Gold At No Premium To Marketonce built Marmato will deliver good profit at low AISC ...combined Segovia + Marmato will deliver good cashflow for expansion into Toroparu ... for me it looks a bit Toroparu could be delayed..very passive wording about this asset ... i thik they will need the cash + cashflow for Marmato -expansion first... Toroparu later ...
from investor standpoint (as an old GCM-holder) the deal makes lasse sense ... the sold half of marmato for Aris shares and now they are back at 100% giving away more shares ... i rhing they destroyed value at all ... the GCM shareholder was paying for this all ... buying Juby and 20% of Soto ... i'am not sure i like it or not ... what i like most here is the new management