GOLDBUGS AMEX Goldbugs Index (GOLD)

[NYBob]

LBMA trading volume data confirms the paper gold casino in London -
Ronan Manly
Date 21 Nov 2018 07:14

The London Bullion Market Association (LBMA) has just a new set of
‘trading volume’ data covering the London and Zurich over-the-counter
(OTC) gold and silver markets.
According to the new data, the equivalent of 939 tonnes of gold
(30.2 million ounces) and the equivalent of 11,174 tonnes of silver
(359.2 mullion ounces) is traded each day by LBMA member firms
(such as market makers and banks) for settlement in these two markets
(loco London / loco Zurich).
This, says the LBMA means that gold is a US$ 36.9 billion per day market
while silver is a US$ 5.2 billion per day market.

For more info:
https://www.bullionstar.com/blogs/ronan-manly/lbma-trading-volume-data-confirms-the-paper-gold-casino-in-london/

TPRFF/GMC Possibility of a takeover -
Yes, crazy numbers here. total enterprise value with debt
under 250mm canadian.
A buyer can payoff debt, 100mm, and reap returns of
over 25-35% per year if purchased for $5.
This can happen in a flash.
Any thoughts?
by liquorc

Refill TIA, great on 'Gran Colombia Gold Corp. (TPRFF) -

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144744998

Note the bottom lines;

Given Segovia's growth profile and low production cost, I believe
the stock is worth 15x forward earnings, or approximately $10/share,
representing close to 500% upside.

If the company continues to execute, then fair value should increase
over time.
Importantly, the company is now funding its growth from operating
cash flow; that eliminates the need for financing, which
is commonly a problem for junior miners.
The greatest risk to the thesis is the price of gold.
If gold were to fall to $1000/oz then I estimate that the company
would earn only around $0.10 of EPS;
at a 10x earnings multiple (reflecting thinner margins),
the stock would be worth $1/share, or ~40% downside.
Additionally, there remain operational tail risks, such as a
prolonged conflict with artisanal miners or gangs/guerrillas,
which could seriously impair the value of the company's assets.
Overall, I believe the very large upside potential more than
compensates investors for bearing these risks.

Disclosure: I am/we are long TPRFF.

The Largest Underground Gold And Silver Producer In Colombia - Gran Colombia Gold Corp.
Cambridge House International Inc.
Published on Nov 5, 2018
Watch as Mike Davies, CFO of Gran Colombia Gold Corp. (TSX: GCM),
discusses their new milestones for 2018.

https://www.youtube.com/watch?v=0fvFlrAOCKQ


Gran Colombia Gold: Extremely Deep-Value Gold Miner

https://seekingalpha.com/article/4216358-gran-colombia-gold-extremely-deep-value-gold-miner


Summary


•The stock trades at less than 3x forward earnings.

•Investors have ignored the company due to earlier financial trouble and no sell-side coverage.

•Dramatic valuation divergence from other gold miners, coupled with ongoing growth, creates a setup for huge returns.

Gold Market Update By: Clive Maund
Published: Monday, 5 November 2018 | Print | Comment - New!

The Precious Metals sector continues to be viewed with disdain and
skepticism by the vast majority of investors, which is exactly what you
want and expect to see at the earliest stages of a major bullmarket.
However, the charts continue to shape up well, as we will now see.

http://news.goldseek.com/CliveMaund/1541423160.php

Gran Colombia Gold Corp (TPRFF) CEO Lombardo Arenas on Q3 2018 Results - Earnings Call Transcript
Nov. 14, 2018 1:26 PM ET | About: Gran Colombia Gold Corp. (TPRFF)

https://seekingalpha.com/article/4222166-gran-colombia-gold-corp-tprff-ceo-lombardo-arenas-q3-2018-results-earnings-call-transcript?part=single

In GOD We Trust -






http://www.kitconet.com/images/live/au0001wb.gif

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

God Bless America