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drbubb

Gran Columbia (GCM.t) : 225,000 oz/yr Gold miner

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This stock should blast beyond 6 in this cycle.

=====

Why not!  / following added by DrB. in edit:

pg13 / Yr.End 12/31: C$2.82: US$2.055 -was 0.16% of $1281 Gold // TPRFF is $2.42, 0.19% of $1277.6 Gold at 22-Apr.19

GCM (in US$) found support at the old high of 7.8% of GDXJ, has rally to virtually 10%, near High of 10.5%

SZBlxoH.png

pg13 / Yr.End 12/31: C$2.82, $2.055 - & $1281 Gold price (0.16%), C$Gold was C$1715 (0.164%)

Update: 4/22/19:  C$3.23 v.$2.82 +14.5% in 2019 / 2-yr : 1-yr. Vs 200d : 377d.ma : 610d : 987d. : Mkt.Depth : SH-gcm :

LEZtkeA.gif

Vs. GDXJ: $29.55 vs. $30.22 : - 2.22%

Date------- : GCM.t: CAD$: $Price: ShOS MktVal : 8%-Debs: Date: Cash: EntValue / $Gold : OZ's/ Prd. years.: 221wt x12.2M
08/10/18: $2.44 x.761= $1.857 48.2M $89.5M: $98.0M: Est.: $28.0: $159.5M /$1219: 131k/200: 0.660: $0.23=$2.81M
10/02/18: $2.40 x.780= $1.872 48.2M $90.2M: $93.1M: Est.: $28.0: $155.3M /$1204: 129k/212: 0.609: $0.19=$2.31M
12/31/18: $2.82 x.733= $2.067 48.2M $99.6M: $83.4M: 12/31 $29? $154.0M /$1281: 120k/217: 0.554: $0.61=$7.44M
01/03/19: $3.18 x.741= $2.356 48.2M $113.M: $83.4M: 12/31 $29? $167.0M /$1295: 129k/217: 0.594: $0.97=$11.8M
01/04/19: $3.15 x.747= $2.353 48.2M $113.M: $83.4M: 12/31 $29? $167.0M /$1284: 130k/217: 0.599: $0.94=$11.5M
02/19/19: $4.42 x.757= $3.340 48.2M $161.M: $80.0 E : 02/?? $30? $211.0M /$1350: 156K/217: 0.720: $1.82=$22.2M
03/15/19: $3.71 x.750= $2.782 48.2M $134.M: $100.E*: 03/?? $50? $184.0M /$1296: 142k/223: 0.637: $1.41=$17.2M
04/22/19: $3.23 x.749= $2.420 48.2M $117.M: $98.5M : 04/30 $50? $165.5M/$1278: 129k/226: 0.573: $1.41=$9.32M

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Gold linked Notes, Total Value Estimate: with Wt.B / vs.GCM / TPRFF : GCM.NT.U

UNITS:
Date : Gold: GCM : Ratio: G/1250 x57%+104%= Debs : Wt2.21: CAD : $USD : 124wt: Comb.: USD$: x512.8:
05/31: 1305: $3.03 : 431. : 104.4 : 59.5 +44.7= 104.2 : $1.40*x0.772 = $1.08 : 13.4% : 117.6 : $2.34: 1200 :
06/29: 1255: $2.88 : 436. : 100.4 : 57.2 +44.7= 101.9 : $1.30*x0.761 = $0.99 : 12.3% : 114.2 : $2.19: 1123 :
10/02: 1204: $2.40 : 502. : 100.0 : 57.0 +44.7= 101.7 : $1.14 x0.780 = $0.89 : 11.0% : 112.7 : $1.88: $964 :
12/31: 1281: $2.82 : 454. : 102.5 : 58.4 +44.7= 103.1 : $1.40 x0.733 = $1.02 : 12.6% : 115.7 : $2.06: 1056 : :
01/03: 1295: $3.18 : 407. : 103.6 : 59.1 +44.7= 103.7 : $1.55 x0.741 = $1.15 : 14.2% : 117.9 : $2.35: 1205 : :
01/03: 1295: $3.18 : 407. : 103.6 : 59.1 +44.7= 103.7 : $1.55 x0.741 = $1.15 : 14.2% : 117.9 : $2.35: 1205 :
=====: ==================================== : *est. Wt. value, x124 wts/deb
Last Col.: $1000/ 1.95= 512.8shs xC%2.52= C$1,292 x0.770= $995, Value of 1% Debs if Converted

GCM etc: GDXJ & MNT.t ... w/o Mux st 377d: w/MUX : w/SSP : st: GCM.t only : 12/10/2018: c$2.81 : c$17.58 : $27.76 :

QziyFTs.gif

st:

v6EqoOb.gif

Date-----: GCM.t : MNT.t : 12.9%L// GDXJ  x10.0%H cad= GJcad: x7.7%
12/30/16: $1.40 : $16.48 : $2.13 //: $31.55 : $3.16 x1.350= 42.59: 3.28
12/29/17: $1.96 : $17.39 : $2.24 //: $34.13 : $3.41 x1.257= 42.90: 3.30
05/28/18: $3.29 : $17.71 : $2.28 //: $32.89* $3.29 x1.299= 42.72: 3.29 - High
06/30/18: $2.88 : $17.44 : $2.25 //: $32.70 : $3.27 x1.314= 42.97: 3.31
08/17/18: $2.13 : $16.35 : $2.11 //: $27.49 : $2.75 x1.306= 35.90: 2.76 - Low
12/31/18: $2.82 : $18.41 : $2.37 //: $30.22 : $3.02 x1.364= 41.22: 3.17
  2/19/19: $4.42 : $18.60 : $3.30 // $34.34 : $3.43  x1.321= 45.31: 3.49
  3/15/19: $3.71 : $18.27 : $2.76 // $32.10 : $3.21  x1.332= 42.76: 3.29
  3/22/19: $3.23 : $17.99 : $2.32 // $28.96 : $2.90  x1.337= 38.77: 2.99

=== : PRODUCTION
Mo.: Prod'17:  Prod'18: Prod'19:
Q1- :  39,008 :  52,672 : 60,601 >  +15.1%
Q2- :  46,075 :  52,906 > +14.8%
Q3- :   37.1 K :  57,163  > +54 %
Q4- :   52.0K :   55,260  > +54 %
===
July:  00,000 : 19,296 :
Aug.:  00,000 : 18,747 :
Sep :  00,000 : 19,120 :
= Q3 37.10K :  57,163 :
Oct.:  17.33K : 18,065 :
Nov:  17.33K :  18,193 :
Dec.  17.33K :  19,002 (aver.18.4k oz in Q4)
= Q4 52.00K : 55,260 :
——  Prod'17: Prod'18: Prod’19:
Jan.  00,000 : 00,000: 17,941  :
Feb.  00,000 : 00,000: 21,335 : New monthly record!
Mar.  00,000: 00,000: 21,325 :
= Q1 39,008 : 52,672 : 60,601 : New Quarterly record!
Apr.  00,000: 00,000:  20,372 :
May 00,000: 00,000: 18,528 :
5mo:  000.0k:  87.4k : 99,501 :  +14%
12m:  000.0k: 000.0k: 230.1k :
========================

2018: "218,001 OUNCES, UP 25% OVER 2017"
Guidance for 2019: 210-225k : Mid-217.5K
Cash; US$33M at YE'18, Debt @ $83.38M, end Jan.19. $78.5M, end Apr.19
$1.0552 /$1.00 @ $1294.3 /$1250
Deb. interest 8.25% x 1.0552= 8.705%

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How to Stay Ahead: Be Nimble and Move Quickly - 400,000oz by YE/23. (TSX:GCM) 
CRUX Investor 
Published on 11 Jun 2019 
"We move very quickly." says Exec. Chairman Serafino Iacono of Gran Colombia Gold. 
He discusses:
 

https://www.youtube.com/watch?v=DjYsC0TbWNc 

1) $50M in cash and NO taxes until next year 
2) Finances: Cash, tight hold on shares, the balance sheet 
and repaying debt 
3) 225,000oz to 400,000oz by the end of 2023 
4) Colombian Gold Mining specialists 
Read more at https://stockhouse.com/companies/bullboard?symbol=t.gcm&postid=29818926#GyefZj5uftmcD5LR.99

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Decided to be nimble myself, 4 lots (40% of my holding) around the $4.50’s. Just too good a run up to resist.

Happy to leave the rest.

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PRODUCTION Dropped from April

——  Prod'17: Prod'18: Prod’19:
Jan.  00,000 : 00,000: 17,941  :
Feb.  00,000 : 00,000: 21,335 : New monthly record!
Mar.  00,000: 00,000: 21,325 :
= Q1 39,008 : 52,672 : 60,601 : New Quarterly record!
Apr.  00,000: 00,000:  20,372 :
May  00,000: 00,000: 18,528 :
5mo:  000.0k:  87.4k : 99,501 :  +14%
12m:  000.0k: 000.0k: 230.1k :
========================

At first, I was concerned, until I recalled the accident...

"...helped to offset the impact on productivity in May at the company's mines following the accident at the Providencia mine which resulted in a temporary decline in tonnes processed from the company mines in the month. The resultant shift in the mix of material processed in May with a greater contribution coming from the lower-grade small contract miners resulted in the lower overall average grade reported for the month for the Segovia operations. "

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GCM / Gran Columbia Gold a little off the high, as Gold eases back

GCM.t ... update / Last: C$4.37 -$0.09, -2.02%

ufQYvB3.gif

 GCM.wt.B ... update / Last: C$2.47 -$0.09, -3.52%

HuttUOY.gif

I bought some shares yesterday in Sandspring, where GCM owns XX%

SSP.v... update : vs.GCM / Last: C$0.200, +0.005

Yesterday, the closes were: $xx, $xx, $xx / wtB/GCM= xx, SSP/GCM= xx, SSP/Gcm.WtB= xx

DATE=C$: GCM.t Wt.B : Vol.  : Ratio: ITM-$: TimeV: %IV :  %442/ SSP.v : %Gcm
09/06/18: $2.16: 0.710, 00.0k : 32.9%: 0.000: 0.710 : 0.00%, 48.9/ $0.240, 11.1%
09/28/18: $2.25: 0.970, 00.0k : 43.1%: 0.040: 0.930 : 4.12%,  50.9/ $0.240, 10.7%
10/31/18: $2.32: 0.910, 66.8k : 39.2%: 0.110: 0.820 : 12.1%, 52.2/ $0.215, 9.27%
11/30/18: $2.53: 1.280, 22.1k : 50.6%: 0.320: 0.960 : 25.0%, 57.2/ $0.180, 7.11%
12/31/18: $2.82: 1.400, 00.8k : 49.6%: 0.610: 0.790 : 43.5%, 63.8/ $0.245, 8.69%
01/28/19: $3.36: 1.630, 26.7k : 48.5% : 1.150: 0.480 : 70.6%, 76.1/ $0.290, 8.63%
02/19/19: $4.42: $2.42, 69.4k : 56.8% : 2.210: 0.210 : 91.3%, 100./ $0.295, 6.67%: wt.High Close !
02/28/19: $4.40: $2.41, 15.9k : 54.7% : 2.200: 0.210 : 91.3%, 99.6/ $0.265, 6.02%
03/29/19: $3.67: $1.80, 30.5k : 49.0% : 1.440: 0.360 : 80.0%, 83.0/ $0.230, 6.27%
04/30/19: $3.34: $1.70, 12.3k : 50.9% : 1.130: 0.570 : 66.5%, 75.6/ $0.170, 5.09%
05/13/19: $3.31: $1.67, 08.5k : 50.5% : 1.100: 0.570 : 65.8%, 74.9/ $0.160, 4.83%
05/16/19: $3.69: $1.95, 08.1k : 52.8% : 1.480: 0.470 : 75.9%, 83.5/ $0.160, 4.34%
05/31/19: $3.49: $1.90, 21.3k : 54.4% : 1.280: 0.620 : 67.4%, 79.0/ $0.170, 4.87%
06/17/19: $4.57: $2.57, 32.1k : 56.2% : 2.360: 0.210 : 91.8%, 103./ $0.200, 4.37%: wt.High Close !
06/25/19: $4.37: $2.47, 18.7k : 56.5% : 2.160: 0.310 : 87.4%, 98.9/ $0.200, 4.57%
===================

Default seems to be: Wt.B trades at 50% of GCM. but more as the GCM price exceeds $3.50

SSP is down to under 5% of GCM.  So cheap, I could not resist buying some SSP.v shares

GCM.t -vs. SSP, etc. ... 1/2016 : 1/2017 : 1/2018 : 12mos: 10d : C$0.16 / C$3.31 = 4.83%

uzEeZyh.png

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