Post by
Brioche on Jun 14, 2022 1:47am
Deep regret : the divi institution was ( as predicted ) a
Nightmare.
Gcm is one of the worst miners since this establisment.
And please to stop saying people can buy gcm stocks with this div.
Not a single big insider did it from the beginning . So to forget for the smalls...
Divi are money lost for the company.
How gcm could have such a rate div as a small producer ? This is totally disproportioned vs the pack of miners.
Whereas if they have kept all this money into their coffer , ( 18 millions cad EVERY year ) ,
Nealy 4.5 ( 4.5 ) millions stocks could have been withdrawn from the market at the today's price.
If you suppose , 50% of the gcm shareholders are true longs , it means every y 10 % of the disponible shares would have disapeared for the gamers ( shorts , etf , algo and so on ..)
Make the maths for 2 y ...
Mngmt take years to search a good spot gold , crushed by poor decisions taken within minutes for supposedly to add value.
It's never too late to correct the shoot.
Remember always abitibi royalties ... +7000% in 5 y just by constant buys back ( without producing anything , hitting gcm mcap ) before to be swallowed ..by a mo..r .on ..and its dil.
Quite often things are very simple.gl
Comment by
silverfreakynew on Jun 14, 2022 7:11am
I have held Sandspring for 10 years (no trading) and my shares were then converted to GCM. The performance of this stock is a complete disaster. If you take the current inflation, you would have done much better with nearly any other stock.
Comment by
invest234 on Jun 14, 2022 8:10am
then why are you still here re-living your nightmare? that goes for everybody else crying. all it takes is one click of the sell button to end the nightmare 4.4% divi and enjoy the full drop of -8.14% for the gdxj. a day without crying on this board is like a day without sunshine in the sahara desert.
Comment by
Golddd on Jun 14, 2022 10:18am
do not listen to invest. it tries to defend the indefensible and is probably an internal one in society. iacono paredes and the others should resign and start looking for their gold in the mines.
Comment by
Brioche on Jun 14, 2022 10:23am
No.. he is a smart guy for sure , but in perhaps love with the stock .
Comment by
invest234 on Jun 14, 2022 11:42am
not that in love lol. i already took profit on half my gcm shares. it has become a smaller percent of my holdings, but i need to keep some shares to be diversified. i only end up posting here to dispute the bashers and negative nellies which gcm tends to attract a lot of.
Comment by
Golddd on Jun 14, 2022 11:46am
Thanks for your cheap shares
Comment by
invest234 on Jun 14, 2022 3:49pm
i did not sell any shares to you Golddd at this cheap price. i sold most of that half at just under $6. you admit the shares are cheap but you say gcm is the worst company in the world. the worst company in the world would be expensive at any price, not cheap. you just contradicted youself lol. then why would you want any shares at all
Comment by
kkkrrr on Jun 14, 2022 1:03pm
i sold half of my shares too ..boufgt some Dundee today and will buy back GCM very soon ... this stock is way too cheap
Comment by
invest234 on Jun 14, 2022 11:32am
do not listen to Golddd. the only thing he does is repeatedly bash to make people sell all their shares so he can be rich.