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when anyone starts talkin like da theif, where the markets are headed to the top of K2, it tells me how much they dont know or understand about reality of markets after Trillions were printed into it, and the current economic stats are either distorted, corrupted, or just plain made up. stocks have already gone to their peak, the remaining is just blowoff. they will be looking at K2 from down at basecamp while gold works its way to the top of the most difficult climb in the world. I can give you so many reasons why its gonna happen.
Choo choo train picking up steam soon.
https://www.foxbusiness.com/economy/fed-president-says-next-move-likely-lower-rates-timing-uncertain
When DOW goes back to at least 33k, thats when Gold and Silver will start closing the gap. still way too many dumb or desperate investors that are in just a handful of companies keeping the DOW at nose bleed levels
When DOW goes back to at least 33k, thats when Gold and Silver will start closing the gap. still way too many dumb or desperate investors that are in just a handful of companies keeping the DOW at nose bleed levels
Peter Schiff said this, and it’s exactly what has been going on for 3 years. This is one more reason gold will eclipse everything in the coming leg up up up. Before Powell was Yellen, who has made more mistakes than Powell, and been doing it for 7 years. Her worst mistake, and best thing at the time for gold, was when Powell raised rates and she didn’t repo debt before the damage to that market was done with higher rates. DIDNT they talk? Or are they that dumb?
Gold saw it all. And has been going up since.
It still ain’t done here. Fed dead ahead will make gold make a decision. Spot 2152.
It still ain’t done here. Fed dead ahead will make gold make a decision.
Low 2150s contracts need to be filled. It has already been written.
Precious Metals & Mining Update - GOLD WEEKLY - Unless something dramatically changes, we have a weekly breakout in gold.
A 50% rally succeeded a similar breakout in 2019.
GOLD DAILY- Gold is finally breaking above $2100, and I believe we are in the initial stages of a powerful multi-month rally.
This cycle should press to the upside into late April or early May.
RESTART GREAT GOLD MINE - ABCOURT MINES | Red Cloud's Pre-PDAC 2024 -
Red Cloud TV
I will reference this one at the end of the year. Lets see how high the wall climbs.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173493888
RESTART GREAT GOLD MINE - ABCOURT MINES | Red Cloud's Pre-PDAC 2024 -
Red Cloud TV
If you can, watch where the leaders, and the companies, park their cash in 2024 to retain its value.
Company Symbol Cash and investments ($ billions) % of cash held by S&P 500 Yield Sector
Apple (AAPL) $166.5 6.3% 0.5 Information Technology
Alphabet (GOOGL) $149.6 5.7% 0 Communication Services
Microsoft (MSFT) $121.1 4.6% 0.8 Information Technology
UnitedHealth (UNH) $92.3 3.5% 1.5 Health Care
Exxon Mobil (XOM) $69.1 2.6% 3.1 Energy
Amazon.com (AMZN) $66.5 2.5% 0 Consumer Discretionary
Pfizer (PFE) $59.7 2.3% 4.8 Health Care
General Electric (GE) $59.7 2.3% 0.3 Industrials
Meta Platforms (META) $59.7 2.3% 0 Communication Services
Chevron (CVX) $56.4 2.1% 3.6 Energy
Elevance Health (ELV) $45.1 1.7% 1.3 Health Care
CVS Health (CVS) $39.0 1.5% 3.4 Health Care
Amgen (AMGN) $38.6 1.5% 3.2 Health Care
Sources: IBD, S&P Global Market Intelligence as of latest reports as of Sept. 19, 2023
If spot gold does not go back above 2k today, it’s most likely testing moving average limits next.
Just saw a signal that says gold will not close above 2000. Spot that is, futures may, either way it’s for u to to decide what to do with that. After 10 days of solid performance, any catalyst was bound to get it to flounder.
trunkmonk thanks - WATCH LIVE: PRESIDENT TRUMP HOLDS FIRST 2024 CAMPAIGN RALLY IN WACO, TX- 3/25/23
https://www.rsbnetwork.com/news/watch-live-president-trump-holds-first-2024-campaign-rally-in-waco-tx-3-25-23/
Gold testing $2k again...Lagarde literally said Basel 3 needs to be
implemented on all banks this week...THIS IS huge!! stay tuned!
ECB'S PRESIDENT LAGARDE: I HIGHLY RECOMMENDED COMPLETE BASEL III IMPLEMENTATION.
Basel III:
Under the new regulation, allocated gold will be considered a Tier 1 asset and will continue
to have zero risk weighting. Conversely, banks’ unallocated gold and exposures due to
other financial transactions will be considered a Tier 3 asset subject to a Required Stable
Funding (RSF) ratio of 85% like other risky assets such as equities. Under the new rules,
banks are required to hold physical gold or other liquid assets for an amount equal to at
least 85% of the value of unallocated gold on their books.
# GENERATIONAL OPPORTUNITY ..... )
Greyerz – Richard Russell, Jim Sinclair, China, Massive Inflation And $50,000 Gold
As the world edges closer to the next crisis, today the man who has become legendary
for his predictions on QE and historic moves in currencies and metals spoke with King
World News about Richard Russell, Jim Sinclair, China, massive inflation and $50,000 gold.
Patagonia Gold Reports Drilling Results From the Monte Leon Target, Santa Cruz, Argentina -
Gold and silver mineralization, up to 72.4 grams per tonne (“g/t”) Au and up to 1,473 g/t Ag
over 0.6 drill meters, reported - )
VANCOUVER, British Columbia, March 01, 2023 (GLOBE NEWSWIRE) --
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce
new gold and silver analytical results in exploration drill samples from the Monte Leon (“MLN”)
target near its Cap Oeste (“Capo”) mine in the Santa Cruz province of southern Argentina.
https://patagoniagold.com/investors/news-releases/
CAP-OESTE GOLD POUR
https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf
- NUMBER 1 ON ITUNES – TRUMP WON, AND YOU KNOW IT !!!, 4035
WATCH
https://www.bitchute.com/video/5yCeBQmuPlaw/
https://www.bitchute.com/video/5yCeBQmuPlaw/#video-watch
Globally NWO banks in trouble, $Gold & $Silver turns sharply higher on sudden bank collapse -
$Gold & $Silver doesn’t need a crisis to move higher, but it definitely loves a crisis.’
This asset will 10X as gold hits $5k - Rob McEwen
Kitco NEWS
From the hedge. Todays blowout report was just adjustments for 2022. In reality there has been 0 growth in full time jobs, all part time growth.
Have a Great Happy Thanksgiving; GOD'S MONEY The gold (and silver) charts look awesome. That’s largely because of the US government’s latest failed war (Ukraine), botched brown to green energy transition, and the rise of the gold-oriented citizens of the East.
Links:
http://www.321gold.com/editorials/thomson_s/thomson_s_112222.html
China just SHOCKED the world and the U.S. is in real trouble | Redacted with Clayton Morris Redacted
1.42M subscribers
TM Thanks & Happy Thanksgiving; GOD'S MONEY The gold (and silver) charts look awesome. That’s largely because of the US government’s latest failed war (Ukraine), botched brown to green energy transition, and the rise of the gold-oriented citizens of the East.
Links:
http://www.321gold.com/editorials/thomson_s/thomson_s_112222.html
China just SHOCKED the world and the U.S. is in real trouble | Redacted with Clayton Morris Redacted
1.42M subscribers
this is when i got interested in Gold, i knew at this point, along with China pushing US to give them all their financial models for american banks opening in China, and slow down and eventual stop of them buying our debt, the writing was on the wall. they have other plans for world currency future, and it aint based on the dollar, and will be backed by Gold.
this is when i got interested in Gold, i knew at this point, along with China pushing US to give them all their financial models for american banks opening in China, and slow down and eventual stop of them buying our debt, the writing was on the wall. they have other plans for world currency future, and it aint based on the dollar, and will be backed by Gold.
https://www.theatlantic.com/magazine/archive/2015/06/the-blame-trap/392081/
Happy Thanksgiving; GOD'S MONEY The gold (and silver) charts look awesome. That’s largely because of the US government’s latest failed war (Ukraine), botched brown to green energy transition, and the rise of the gold-oriented citizens of the East.
Links:
http://www.321gold.com/editorials/thomson_s/thomson_s_112222.html
China just SHOCKED the world and the U.S. is in real trouble | Redacted with Clayton Morris Redacted
1.42M subscribers
I think Miners are gonna rip, it may have begun the other day, and the fed minutes today just added to it.
oh i really like this one too. I was not in it to see what happened into 1980, but i hear it looking the same setup and feel.
https://kingworldnews.com/buckle-up-last-time-this-happened-silver-skyrocketed-30/
Pro-Life; China just SHOCKED the world and the U.S. is in real trouble | Redacted with Clayton Morris Redacted
1.42M subscribers
TM Thanks; A Chinese Reserve Currency And Gold, Continued Massive Inflation And The End Of Cheap Money
November 20, 2022
https://kingworldnews.com/a-chinese-reserve-currency-and-gold-continued-massive-inflation-and-the-end-of-cheap-money/
Aris Mining I Red Cloud's Fall Mining Showcase 2022
LMBA and comex days of manipulation and easy money with worthless paper are numbered.
The Inflation Numbers Are Out & They Are Hiding Truth About The CPI & The State Of The Stock Market - May 11, 2022
https://www.youtube.com/watch?v=4w28i5iHXAQ
Syrah Resources Graphene is another hot metal
Silver Squeeze Explained - Peter Schiff
Ray Dalio - I Don't Want To FRIGHTEN You But Please PREPARE YOURSELF - Apr 20, 2022
https://www.youtube.com/watch?v=xRfnLll7Lx0
Americans Are Spending More, Getting Less, & Borrowing More To Pay For It
BY TYLER DURDEN - THURSDAY, APR 21, 2022 - 06:30 AM
American consumers are spending more, getting less, and borrowing more to fund this involuntary spending spree.
https://www.zerohedge.com/personal-finance/americans-are-spending-more-getting-less-borrowing-more-pay-it
Gold Tops $2000 As Crypto-Correlation Crashes
BY TYLER DURDEN - MONDAY, APR 18, 2022 - 09:27 AM
https://www.zerohedge.com/markets/gold-tops-2000-crypto-correlation-crashes
Gold Vs An Openly Failing/Changing World
BY TYLER DURDEN - THURSDAY, APR 14, 2022 - 06:30 AM
https://www.zerohedge.com/geopolitical/gold-vs-openly-failingchanging-world
the cycle is up, and it should be a whopper.
The Commodity-Currency Revolution Begins...
BY TYLER DURDEN - SATURDAY, APR 09, 2022 - 09:20 AM
https://www.zerohedge.com/geopolitical/commodity-currency-revolution-begins
"A Paradigm Shift Western Media Hasn't Grasped Yet" - Russian Ruble Relaunched, Linked To Gold & Commodities
BY TYLER DURDEN - SATURDAY, APR 02, 2022 - 10:30 PM
https://www.zerohedge.com/commodities/paradigm-shift-western-media-hasnt-grasped-yet-russian-ruble-relaunched-linked-gold-and
Gold's 3rd historical expansion phase starting now.
— Patrick Karim (@badcharts1) March 20, 2022
When you're lucky enough to have the inclining 7 & 14 year moving averages coiled tight below you!#xauusd #xagusd #inflation pic.twitter.com/sqx6X14iRJ
Nice, thanks!!!
$Pro-Life Thanks; GCM Mining - Red Cloud 2022 Pre-PDAC Mining Showcase
26 views Mar 3, 2022
https://www.youtube.com/watch?v=W7MBFXFBke8&t=29s
Bank Runs Have Begun! Banks Face Outages As People Rush To Get Their Money Out Of The System - Feb 21, 2022
https://www.youtube.com/watch?v=g4rhWkz1GoI
Silver/gold themed videos on YT are numerous... keep stackin'!!!
$TM thanks; Kirkland Lake Gold reports record production in fourth quarter and full-year 2021
Mining
TSX:KL $13.37B
Julia Kennedy
julia.kennedy@themarketherald.ca
17 January 2022 11:30 (EST)
Kirkland Lake Gold - President and CEO, Tony Makuch
President and CEO, Tony Makuch
Source: Melbourne Mining Club
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Daily DigestWeekly Summary
Kirkland Lake Gold (KL) has released its fourth quarter and full-year production results for 2021
Production in the fourth quarter totalled 380,472 ounces; the company produced over 1.4 million ounces of gold in 2021
Gold sales in 2021 totalled 1,430,554 ounces at an average realized price of $1,797 per ounce
Record production was boosted by continued exploration success at the company’s Detour Lake and Fosterville properties
The company also secured a merger with Agnico Eagle Mines which is expected to close by mid-February
Kirkland Lake Gold is a Canadian gold mining, development, and exploration company with a diversified portfolio of exploration projects
Shares in Kirkland Lake Gold Ltd. (KL) are currently down 0.12 per cent, trading at $50.66 per share
Kirkland Lake Gold (KL) has released its fourth-quarter and full-year production results for 2021.
https://themarketherald.ca/kirkland-lake-gold-reports-record-production-in-fourth-quarter-and-full-year-2021-2022-01-17/?utm_source=stockhouse.com&utm_medium=widget&utm_campaign=stockhouse.com%7Cwebpart_news%7Cquote_tab
$Well; 2022 seems to be shaping up to be a very, very interesting year. )
$GOLD TARGET $3,100-$7,600: Last Time Gold Had This Setup It Surged 330%!
December 16, 2021
https://kingworldnews.com/gold-target-3100-7600-last-time-gold-had-this-setup-it-surged-330/
$Gold Surges Above $1,800 But This Will Trigger $30 Silver And $2,100 Gold
December 17, 2021
https://kingworldnews.com/gold-surges-above-1800-but-this-will-trigger-30-silver-and-2100-gold/
Is 2022 The Year For Gold & Silver? If The Central Banks & Private Citizens Keep Buying, It Will Be!
699 views Dec 8, 2021
$Happy New Year; Rick Rule: Gold Price Will Explode To $6000 By December
15,112 viewsNov 28, 2021
Rick Rule: This is How Much Gold YOU SHOULD Be Holding To Get Rich Before The 'Super Cycle' Starts - Dec 21, 2021
https://www.youtube.com/watch?v=MGAYKja96Uk
I'm stacking while stacking is still possible.
$Pro-Life This Is Why We Should Buy Gold Now | Oreninc Kai Hoffmann Gold Price Prediction
695 views Dec 10, 2021
Davos Is Making The Central Bank Case For Gold
BY TYLER DURDEN - MONDAY, DEC 06, 2021 - 06:30 AM
Authored by Tom Luongo via Gold, Goats, 'n Guns blog,
https://www.zerohedge.com/geopolitical/davos-making-central-bank-case-gold
$GCM Mining Announces Updated Mineral Resource Estimate and Positive
Preliminary Economic Assessment for Its Toroparu Project in Guyana
December 1, 2021
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2021/GCM-Mining-Announces-Updated-Mineral-Resource-Estimate-and-Positive-Preliminary-Economic-Assessment-for-Its-Toroparu-Project-in-Guyana/default.aspx
Updated Mineral Resource Estimate of 8.4 Mozs Measured and
Indicated Gold Resource at 1.42 g/t and
396 Mlbs Measured and
Indicated Copper Resource at 0.1% in 185 million tonnes of rock
Preliminary Economic Assessment estimates:
280,000 ozs of gold production in the first year of operation in 2024;
5.4 Mozs of gold, 2.5 Mozs of silver and
141.3 Mlbs of copper produced over a 24-year mine life;
US$8.0 billion total revenue, US$3.5 billion operating margin and
US$1.7 billion after-tax Free Cash Flow at a US$1,500/oz gold price; and,
After-tax net present value (5%) of US$794 million
with an after-tax IRR of 46% and two-year payback.
Initial US$355 Million capex to construct the Toroparu Project
is fully funded.
TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) --
GCM Mining Corp. (the “Company”) (TSX: GCM, OTCQX: TPRFF) announced
today that it has completed an updated Mineral Resource estimate for
its Toroparu Project in Guyana with an effective date of November 1,
2021 and in accordance with the Canadian Institute of Mining Metallurgy
and Petroleum (“CIM”) Definition Standards incorporated by reference in
National Instrument 43-101 – Standards of Disclosure for Mineral
Projects (“NI 43-101”). GCM Mining also announced today that Nordmin
Engineering Ltd. (“Nordmin”) and SRK Consulting (U.S.), Inc. (“SRK”)
have completed preliminary results of a Preliminary Economic Assessment
(“PEA”) for the Toroparu Project effective November 26, 2021 and is
currently finalizing the technical report to be prepared in accordance
with NI 43-101 and filed on SEDAR and the Company’s website in mid-
January 2022.
Highlights of the PEA for the Toroparu Project
The PEA affirms the economic viability of the open pit and underground
mining operations at the Toroparu Project.
Total life-of-mine (“LoM”) gold production of 5.4 million ounces
(“Mozs”) representing 88.4% of the 6.2 Mozs of gold fed to the milling
circuit at an average grade of 1.78 g/t Au over the 24-year mine life.
Open pit mine operations will deliver 93 Mt of potential mill feed
(“PMF”) over the LoM and underground mining operations, which commence
in year 10, will deliver an additional 14 Mt of PMF.
Average annual gold production of 225,000 ounces over the 24-year mine
life.
During the first two-year payback period, gold production averages
254,000 ounces per year and over the first 9 years of surface-only
mining, gold production averages 202,000 ounces per year. With the
commencement of underground mining in year 10, annual gold production
from open pit and underground increases to an average of
239,000 ounces over the remaining 15 years of the LoM.
Initial capital cost, to be incurred from 2021 through 2023,
totals US$355 million, of which US$138 million will be funded by
deposits under a Precious Metals Purchase Agreement (“PMPA”) with
Wheaton Precious Metals International Ltd. (“WPMI”) and
the balance by the net proceeds of the Senior Notes financing
closed in August of this year.
Processing capacity will be built in two phases with an initial
Phase I nominal capacity of 7,000 tpd (2.55 Mtpa) in a gold leach
plant based on gravity and carbon-in-leach circuits (“CIL”) and
increasing in year 6 to 14,000 tpd (5.1 Mtpa) in
Phase II with the construction of a copper concentrator based on
gravity and copper flotation circuits.
The copper concentrator will facilitate the recovery of
141.3 million pounds (“Mlbs”) of copper over its 19 years of operation.
The PEA delivers solid financial results with LoM total revenue of
US$8.0 billion,
US$3.5 billion of operating margin and
US$1.7 billion of after-tax Free Cash Flow.
The LoM PEA financial results are based on long-term prices of
US$1,500/oz gold, US$20.22/oz silver and
US$3.13/lb copper.
Gold and copper account for approximately 94% and
5.5%, respectively, of total revenue over the LoM.
LoM cash cost of US$742/oz and LoM all-in sustaining cost (“AISC”) of
US$916/oz.
The PEA estimates a US$794 million after-tax NPV 5% (net present value
at a 5% discount rate),
a 46% IRR (after-tax Internal Rate of Return) and
a two-year after-tax payback of the initial capital cost of the
Project.
Lombardo Paredes, Chief Executive Officer of GCM Mining, commented
“The PEA was initiated as a result of a significantly expanded Mineral
Resource developed from the discovery of the structural control of
high-grade gold mineralization at Toroparu as reported in our July 6,
2021 press release. Compared with Gold X Mining’s previous Mineral
Resource estimate (September 2018), total Measured and Indicated Gold
Resources have increased by
approximately 15% to 8.4 million ounces of gold and reflect an
increase in the average head grade from 0.91 g/t to 1.42 g/t in the
latest update.
The updated mineral resource estimate reported herein, which represents
a potential step change to the economic value of Toroparu, underlies
the scoping of a long mine life project within the PEA recovering
280,000 ounces of gold in the first year of operation in 2024 and
an estimated 225,000 ounces of gold per year from both surface and
underground mining operations over 24 years.
A total of 5.4 million ounces of gold is expected to be produced over
the LoM in the PEA, an approximately 20% increase from the previous
PEA prepared by Gold X Mining in July 2019.
We have already commenced pre-construction activities
at the Toroparu Project site.
We have hired Haukes Construction (Guyana) Ltd., a division of Haukes
NV of Suriname, for construction of the preliminary earthworks at
Toroparu, with development of the permanent man-camp, airstrip and
rock quarries currently underway.
Preparations are also being made for the rehabilitation of the
historical access road commencing early next year.
Based on the technical and financial merits demonstrated by the PEA and
funded by the US$300 million Senior Notes financing we closed in August
and the Wheaton stream, we are proceeding with construction of
the Toroparu Project, which is initially focused on the surface mining
of higher-grade gold processed through a 7,000 tonnes per day (“tpd”)
gold leach mill.
The PEA envisions an expansion of milling capacity to 14,000 tpd with
the addition of a copper concentrator in year 6 and
the addition of underground mining operations in year 10 of
the mine life.
Importantly, the Toroparu Deposit is open both along strike and at
depth with the additional mineralization potential below the 450 m
level amenable to underground mining methods.
We believe the Toroparu Project has the potential to be a multi-
generational gold mine which can create significant value for our
shareholders, solidifying its position along with our Segovia
Operations as a cornerstone asset in GCM Mining.”
Mineral Resource Estimate (“MRE”) Update Effective November 1, 2021
The MRE, which is summarized in Tables 1 and 2 below, was prepared by
Nordmin following a two-phase diamond drill program carried out by
Gold X Mining in 2020-2021 which comprised a total of 20,750 meters in
114 drill holes.
The updated MRE includes an open pit and a maiden underground resource
estimate within the Toroparu Main & NW and SE deposits that are defined
by multiple discreet northwest and east-west oriented high grade
mineralized structures that intersect in a repeatable pattern over an
estimated four kilometers of strike, 400-450 m in width, and
450-500 m in depth.
The satellite deposits consist of the Southeast zone (SE) and
the Sona Hill satellite gold deposits.
Table 1: Mineral Resource Statement for the Toroparu Gold Project
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2021/GCM-Mining-Announces-Updated-Mineral-Resource-Estimate-and-Positive-Preliminary-Economic-Assessment-for-Its-Toroparu-Project-in-Guyana/default.aspx
Gran Colombia Changes Name to GCM Mining Corp.
November 29, 2021
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Changes-Name-to-GCM-Mining-Corp/default.aspx
TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) --
Gran Colombia Gold Corp. (the “Company”) (TSX: GCM, OTCQX: TPRFF)
announced today that it has changed its name to GCM Mining Corp.
effective immediately and its website can be found at
https://www.gcm-mining.com.
Commenting on the name change, Serafino Iacono, Executive Chairman of
the Company, said “We are very proud of our Colombian roots and, in
Colombia, we will continue to operate as Gran Colombia.
Our new corporate name reflects our strategy to grow through
diversification, expanding our operations and investments to other
countries and broadening our products to include other metals beyond
just gold and silver.
With the acquisition earlier this year of the Toroparu Project in
Guyana
and our equity stake in Denarius and its flagship Lomero Project in
Spain, we have commenced our diversification strategy.
We have a strong balance sheet and we are fully funded to build
Toroparu, one of the largest undeveloped gold/copper projects in the
Americas.
We expect to announce the results on the updated mineral resource
estimate and preliminary economic assessment for Toroparu shortly,
solidifying its position along with our Segovia Operations, as a
cornerstone asset in GCM Mining Corp.”
There is no change to the Company’s trading symbols for its common
shares and common share purchase warrants and we expect that trading
on the Toronto Stock Exchange under the Company’s new name will
formally commence on December 1, 2021.
In the interim, trading will continue under the Company’s old name.
The new ISIN and CUSIP numbers for the Company’s common shares are
CA36168L1058 and 36168L105, respectively.
For the Company’s listed common share purchase warrants (TSX:
GCM.WT.B; OTC Pink: TPRXF), the new ISIN and CUSIP numbers are
CA36168L1132 and 36168L113, respectively.
About GCM Mining Corp.
GCM Mining Corp. is a mid-tier gold producer with a proven track record
of mine building and operating in Latin America.
In Colombia, the Company is currently the largest underground gold and
silver producer with several mines in operation at its high-grade
Segovia Operations.
In Guyana, the Company is advancing the Toroparu Project, one of the
largest undeveloped gold projects in the Americas.
The Company also owns an approximately 44% equity interest in
Aris Gold Corporation (TSX: ARIS) (Colombia – Marmato), an
approximately 27% equity interest in Denarius Silver Corp. (TSX-V:
DSLV) (Spain – Lomero-Poyatos; Colombia – Guia Antigua and Zancudo) and
an approximately 26% equity interest in
Western Atlas Resources Inc. (TSX-V: WA) (Nunavut – Meadowbank).
Additional information on GCM Mining can be found on its website at
https://www.gcm-mining.com
and by reviewing its profile on SEDAR at www.sedar.com.
Cautionary Statement on Forward-Looking Information:
This news release contains "forward-looking information", which may --
--results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated as of March 31, 2021 which is available for view on SEDAR at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims, ---- the reader is cautioned not to place undue reliance on forward-looking statements.
For Further Information, Contact:
Mike Davies
Chief Financial Officer
(416) 360-4653
investorrelations@grancolombiagold.com
Source: Gran Colombia Gold
View All News
$Gran Colombia Declares Monthly Dividend to Be Paid on December 15, 2021
November 15, 2021
https://www.grancolombiagold.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Declares-Monthly-Dividend-to-Be-Paid-onDecember-15-2021/default.aspx
TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp.
(“Gran Colombia” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced
today that its Board of Directors has declared the next monthly
dividend of CA$0.015 per common share will be paid on December 15, 2021
to shareholders of record as of the close of business on November 30,
2021.
About Gran Colombia Gold Corp.
Gran Colombia is a mid-tier gold producer with a proven track record of mine building and operating in Latin America. In Colombia, the Company is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations. In Guyana, the Company is advancing the Toroparu Project, one of the largest undeveloped gold projects in the Americas. Gran Colombia also owns an approximately 44% equity interest in Aris Gold Corporation (TSX: ARIS) (Colombia – Marmato), an approximately 27% equity interest in Denarius Silver Corp. (TSX-V: DSLV) (Spain – Lomero-Poyatos; Colombia – Guia Antigua and Zancudo) and an approximately 26% equity interest in Western Atlas Resources Inc. (TSX-V: WA) (Nunavut – Meadowbank).
Additional information on Gran Colombia can be found on its website at
http://www.grancolombiagold.com
and by reviewing its profile on SEDAR at www.sedar.com.
https://www.grancolombiagold.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Declares-Monthly-Dividend-to-Be-Paid-onDecember-15-2021/default.aspx
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
God Bless
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166747120
Ps.
opinion appreciated
$trunkmonk Note: Gran Colombia Gold Corp. (TPRFF) Third Quarter 2021 Results Webcast
As a reminder, Gran Colombia will host a conference call and webcast on
Friday, November 12, 2021 at 9:00 a.m. Eastern Time to discuss the results.
Webcast and call-in details are as follows:
Live Event link:
https://edge.media-server.com/mmc/p/wyypvtrs
Canada Toll / International: 1 (514) 841-2157
North America Toll Free: 1 (866) 215-5508
Colombia Toll Free: 01 800 9 156 924
Conference ID: 50241486
A replay of the webcast will be available at
http://www.grancolombiagold.com
from Friday, November 12, 2021 until Friday, December 10, 2021.
https://www.grancolombiagold.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Announces-Third-Quarter-and-First-Nine-Months-2021-Results/default.aspx
The Company reported net income of $25.3 million ($0.26 per share) in the third quarter of 2021 compared with $18.0 million ($0.39 per share) in the third quarter of 2020 reflecting an improvement in other income (expense) items and lower income tax expense which more than offset the impact of lower income from operations in the third quarter of 2021.
For the first nine months of 2021, net income amounted to $173.4 million ($2.32 per share) compared with $23.7 million ($0.53 per share) in the first nine months last year.
Although net income in the first nine months of 2021 reflected the impact of lower income from operations this year, it benefitted from other income items including the $56.9 million gain on loss of control of Aris, the $52.1 million gain on financial instruments (compared with a $21.3 million loss on financial instruments in the first nine months last year) and the $8.9 million gain on sale of the Zancudo Project.
Net income in the first nine months of 2021 included Aris Transaction costs of $9.8 million while net income in the first nine months of 2020 included Bluenose RTO Transaction costs of $16.7 million.
Adjusted net income (1) for the third quarter of 2021 was $14.4 million ($0.15 per share) compared with $29.5 million ($0.47 per share) in the third quarter last year.
For the first nine months of 2021, adjusted net income totaled $59.9 million ($0.78 per share) compared with $68.2 million ($1.14 per share) in the first nine months last year.
The year-over-year decrease in adjusted net income in the third quarter and first nine months of 2021 largely reflects the impact of the factors noted above regarding revenue and total cash costs per ounce on adjusted EBITDA, partially offset by a decrease in income tax expense.
The Company added a 27% equity interest in Denarius Silver Corp. (“Denarius”) to its portfolio in the first nine months of 2021, giving it exposure to the Lomero-Poyatos polymetallic deposit located in Spain, in close proximity to the Matsa JV project in the Iberian Pyrite Belt, and to the Guia Antigua and Zancudo Projects in Colombia.
Denarius, fully funded to carry out its current exploration campaigns, commenced drilling at its Guia Antigua Project in mid-2021 and in October, commenced a 23,500 meters drilling campaign at its Lomero Project designed to validate some selected historical holes drilled within the existing mine and then conduct a 50x50 meters in-fill drilling program in the lower levels of the same mine.
Gran Colombia remains committed to the health and safety of its employees, and through COMFAMA Colombia, was the first mining company in Antioquia to secure COVID-19 vaccines to immunize its employees and their families in the third quarter of 2021.
Published in June 2021, the Company’s inaugural sustainability report reflects a focused effort on measuring and disclosing its Environmental, Social and Governance (“ESG”) priorities and performance moving forward.
Selected Financial Information
https://www.grancolombiagold.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Announces-Third-Quarter-and-First-Nine-Months-2021-Results/default.aspx
$Gran Colombia Gold - Red Cloud Oktoberfest 2021 -
Oct 18, 2021
they will shut down btc long before they confiscate the one and only real money that will be needed to do dollar reset.
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