Post by
ramjam007 on Jun 23, 2021 2:39pm
Toroparu 200k/year 2023
CFO Mike Davies just gave a presentation reaffirming that GCM will get Toroparu producing 200k oz/year in two years.
Comment by
invest234 on Jun 23, 2021 4:37pm
he also said protest was dying down, production continues unaffected like in may, carla mine is ramping up, segovia production will increase to 250k oz/yr, current resources will last 7 to 8 years (not including exploration), and he also said clubfoot was completely ignorant for saying segovia is running out of gold!
Comment by
invest234 on Jun 23, 2021 4:41pm
he also reaffirmed toro will use debt financing not equity financing.
Comment by
clubhouse19 on Jun 24, 2021 11:22am
Good thing he wasn't touting harder as its only down to 5.13 -13cents