Post by
Heywood_Silvers on Mar 05, 2022 1:38pm
Someone will let the cat out of the bag.....
And investors will soon wake up and realize that GCM mines high-grade gold and that we are on the cusp of breaching $2k gold en route to new all-time highs.
What a revelation it will be to some!!
What can GCM do in the meantime? 1) continue buying back shares. 2) list on the NYSE.
This isn't rocket science here, where is it written in the bylaws of the corporate charter that the company must be the best-kept-secret on the block?!
Comment by
Stratocheif on Mar 05, 2022 2:03pm
Gcm's fair value is somewhere between 6 and $8. Most miners, even some of the best are trading 20 to 30% below fair value at the moment. So what's so special about this one? Oh I know...it's in Columbia so investors will always be reluctant to own it.
Comment by
Pete1986 on Mar 06, 2022 9:35am
what are you referring to if you say GCMs fair value is between 6-8 CAD? Where is this number coming from?
Comment by
Tibrin on Mar 06, 2022 5:58pm
Im a Little green on the Sector. Can you give some exemple of a 200k Producers with a market cap of only 500million... ? I though that the rule of thumb (as per eric sprott) was 1 billion per 100k ? And that was before the gold boom?
Comment by
Stratocheif on Mar 06, 2022 6:35pm
1 billion per 100k. Haha. I'm not surprised. Mr Sprott likes to pump the sector to his benefit for sure. Never listen to statements made by anyone heavily invested in something. It's called conflict of intetest
Comment by
Stratocheif on Mar 06, 2022 6:43pm
Don't take opinions from me. All the info you need can be compiled with a couple of hours on the internet looking at reports and presentations by miners in that range...for example JAG, CXB, AR, VGCX, FVI, GPR, BTO, EQX, etc
Comment by
menoalittle on Mar 06, 2022 7:27pm
Gold will go over 2k this week. The younger generation(s) simply won't pay attention to what is happening in the PM sector until it is flying like a bat out of hell. But, no matter. ('casue that day is coming sooner than a great many of them think...)
Comment by
Stratocheif on Mar 06, 2022 7:32pm
You are right. I had a long arguement with my son last night. He was trying to convince me to buy cryptos. He didn't succeed lol.
Comment by
silverfreakynew on Mar 06, 2022 1:54am
Rather the best manipulatet stock.Similiar as sandspring resources.
Comment by
menoalittle on Mar 06, 2022 10:18am
Agreed that first and foremost on the agenda should be buying back shares. But why bother suggesting the NYSE when the Nasdaq would accomplish much the same (for much less)?