Post by
invest234 on May 14, 2021 12:54am
q1 $2.02 earnings per share
a whopping $2.02 earnings per share in a single quarter for a $5 stock.
all those quarters in the past gcm got punished for having a loss from non-cash charges. now that the opposite happens, shouldn't gcm get rewarded for a change?
as i said last q, share price rising from $6 to $8 gave them a big non-cash charge. q1 dropping from $8 to $6 gave them a gain.
gcm should only get better going forward.
$11.2 million VAT refund finally received in q2 to boost cash.
no more drag from marmato.
expansion to 2000 tpd drops aisc further and increases production. q1 is always lowest production q.
tailings recovery project adds to earnings.
lower interest to pay on smaller debt.
those millions of shares short better run for cover!
Comment by
invest234 on May 14, 2021 1:27am
financial sites with misleading negative earnings numbers for gcm for over a year should finally turn positive, unless they decide to cheat and not update the numbers.
Comment by
Brioche on May 14, 2021 3:03am
Let's hope some boost coming . But the real price will come after the deal.
Comment by
ragnaramandus on May 14, 2021 5:50am
https://resourceworld.com/gran-colombia-gold-a-south-american-producer-with-highly-prospective-holdings/
Comment by
menoalittle on May 14, 2021 5:39pm
It take a weekend for those numbers to start to sink in... (next week should be good to us, especially if the tailwind continues to blow...)