Comment by
Golddd on Dec 01, 2021 8:09am
I believe that for now we have only read this news the two of us. communication to this company is missing. the pre-opening for what it counts says it all. under $ 5.
Comment by
menoalittle on Dec 01, 2021 8:43am
no worries, it will be noticed by any reasonably good analyst (even if not by folk that post here...) based on 1500/oz gold, these are simply phenomenal numbers: "...the project has a 46% after-tax internal rate of return and payback of approximately two years."
Comment by
tsoprano24 on Dec 01, 2021 8:58am
Outstanding and fully funded. Should get somebody's attention. T
Comment by
Brioche on Dec 01, 2021 9:35am
Right .irr 46 % at 1500 usd gold ...i have to say ..very strong . Now they have to deliver.
Comment by
Golddd on Dec 01, 2021 9:40am
all very nice yes, but the value of the action is ridiculous.managment is unable to communicate things to the market.With such news at least a day of +10 I expected it and instead we are always there.If it doesn't go up now why should do it in the future. many doubts
Comment by
Brioche on Dec 01, 2021 9:45am
That' has been always the problem here . However stay focus on the basics : no doubt this pea is impressive . There no company actualy showing nex pea based on 1500 .always higher . So do the maths at 1800 or more . Now ...they have to execute this plan.
Comment by
nozzpack on Dec 01, 2021 9:59am
Cant disagree with the value though. At some point, its intrinsic value doscounted for risk will fully leak into the share price. Is there some possibility that they might spin this asset out to shareholders like some of the previous quality assets ? That would quickly unlock the full value..
Comment by
invest234 on Dec 01, 2021 2:39pm
they raised $300 mil, minus say $20 mil? cost to raise, so $280 mil + $138 mil from wheaton = $418 mil updated initial capex for toro is only $355 mil that leaves us$63 mil extra cash (segovia free cash more than covers interest cost and generates extra cash every year) gcm should use some of that extra cash to buy back shares asap!
Comment by
Eap5522 on Dec 01, 2021 4:06pm
my thoughts exactly. Tax loss selling might get hot and heavy this year so wouldn't be surprised if we could pick up some very cheap shares in the days and weeks ahead. Do you remember what Wheaton gets in their stream deal for the money they are ponying up?
Comment by
Golddd on Dec 01, 2021 4:09pm
Ad usually ! or someone important comes in or we will never go up! maybe a quotation in london would be important
Comment by
Eap5522 on Dec 01, 2021 4:19pm
gold it might be that we won't achieve a substantially higher valuation until Toroparu is up and running in 2024, are you prepared to hold on until that happens? Overall gold stocks are a hated segment in the markets currently, but the dividend is pretty nice while waiting.
Comment by
likeike on Dec 01, 2021 9:12pm
So if Serofino said he would have Toroparu up in running in under 2 years 3 months ago and you say now it will take 2 and a half years. I believe Serofino and I am not sure I believe you.IKE
Comment by
Eap5522 on Dec 02, 2021 7:42pm
likeike, I don't know if you were referring to my post but the PEA states 2024 as the first year of production.
Comment by
invest234 on Dec 01, 2021 9:42pm
cdn$1 billion = around $10 per share is what gcm should be right now.
Comment by
Golddd on Dec 02, 2021 8:21am
try to google "gran colombia gold". only one article on toroparu's PEA in all pages. This means not knowing how to communicate news. obvious that the title does not go up.