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Sandspring Res./ SSP.v - 18% owned by GCM.t

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Sandspring Res./ SSP.v - 18% owned by GCM.t

SSP,v -vs-GCM.t .... update / Last: $0.16, UNCH., vs. $3.72 + 0.36

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RATIOS : SSP is just 4.34% pf GCM's price

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%
===================

SSP.v : All: 10yr : fr.1/2014 : 1/2015 : 5yr : Last: $0.16

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: fr.1/2014 :

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: 1/2015 : 2015-nonLog : 

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Balance Sheet

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Here's what GCM said in its Q1- Press Release yesterday

In February 2019, the Company increased its equity investment in Sandspring Resources Ltd. to approximately 18% and continues to assist Sandspring as it moves toward a feasibility study for its Toroparu Project in the western Guyana gold district and prepares for the eventual commencement of mining operations at the Chicharron Project located within the Company's mining title at Segovia which it acquired in 2018.

> source: https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aGCM-2760199&symbol=GCM&region=C

GCM paid $0.28 for the last shares it bought back in Feb.

No doubt, they think they can help zero in on the Deposit, very near to GCM's own "within the Company's mining title at Segovia"

The market would not have paid GCM for a small deposit - Maybe investors in SSP will value that asset more fully.

So far, they are not

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SSP may be set for a rally (& get pulled up by GCM's strength)

SSP / Sandspring Resources ... since Jan.2015 / Last: $0.16

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Moving UP In Sympathy?

SSP: $0.195 +0.035, +21.9%, on 240,100 shares, so far

GCM had +10% day yesterday. Down 1% at C$3.65 now

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