Post by
invest234 on May 07, 2021 2:31am
To Serafino:
These actions can unlock value for gcm:
1. Make a public promise that as soon as the lockout period ends, the shares of aris, denarius will be truly spun out to shareholders. That is the EASIEST way to unlock value, directly give the shares to gcm shareholders and they will immediately see their brokerage account increase with the true market price of those shares. You as the largest shareholder would benefit as well.
Most people do not want to buy a holding company which usually undervalues share holdings.
2. Stop diluting shares of gcm.
Giving away so many free warrants dilutes gcm. Gold notes already have a gold kicker. There should not be a need to add 25% free warrants on top of that. There was no need to give away so many free warrants to Sprott. There would be no need to do share buybacks at a higher price if lower priced free warrants were not given away.
And stop using undervalued shares to make acquisitions. The target acquisition may be undervalued, but using even more undervalued shares to acquire it does not increase shareholder value and only dilutes gcm shares more. It is better for gcm to accumulate cash and do a *cash* acquisition instead of using undervalued shares.
3. Change name of gcm to Gold X.
I am sure you are proud to live in Colombia and that region, and that is great to be proud of one's heritage, but the investment community avoids what they believe are higher risk countries (regardless if it is true or not). In marketing, appearances are everything. That was why Sandspring name was changed to Gold X, and the same reason why company ticker symbols were changed to GOLD and AU.
Comment by
valueu1 on May 07, 2021 4:53am
agree with invest too, but cash for development because, nearly every SI interview says FCF, stronger balance, show net profit, pay down debt, no dilution anymore, buy backs, divi +, growth strategy transparent, Au, Ag, Base metals Cu, Zn, Pb