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Re: trunkmonk post# 1909

Tuesday, 01/08/2019 3:36:31 PM

Tuesday, January 08, 2019 3:36:31 PM

Post# of 3020
Honorable Mention Picks for 2019 - Gran Colombia Gold (OTCPK:TPRFF):

Gran Colombia Gold's stock is very undervalued entering 2019,
especially after the company's debt restructuring.
It is a much safer stock now than a few years ago.

For the 9 months ended 2018, Gran Colombia has produced 162,741 ounces
of gold at $899/AISC,
producing $78 million EBITDA year-to-date,
to meet or exceed its full-year guidance of 214,000 - 220,000 ounces at
$950/AISC.
With $100+ million in annual EBITDA and an enterprise value of just
$186 million,
Gran Colombia is trading at an EV/EBITDA of under 2X which is quite low.

Gran Colombia it's a company I'll be keeping a close eye on early in the year.



Gran Colombia Gold's TTM Adjusted EBITDA Surpasses $100 Million
Nov. 26, 2018 11:12 AM ET | About: Gran Colombia Gold Corp. (TPRFF)

Summary:

TTM adjusted EBITDA reached $105.4 million at the end of September 2018.

The company has restructured its debt, and it no longer has convertible
debentures, which could’ve been highly dilutive.

Reserves and resources could rise significantly as Gran Colombia has
embarked on a 30,000-meter drilling campaign at Segovia.
The latter currently has 27 known veins and only three are mined.

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Introduction and financials


Gran Colombia Gold (OTCPK:TPRFF) is the largest underground gold and
silver producer in Colombia, and its main assets are the high-grade
Segovia Operations near the city of Medellin:




Source: Gran Colombia Gold

On 13 November 2018, the company released its accounts for the first
nine months of 2018, and it turned out that the trailing 12-month
adjusted EBITDA surpassed the $100 million level....




The recovery over the past few years has been incredible,
both in terms of production and costs:








Like this article
page 1 / 5 | Next »
https://seekingalpha.com/article/4224489-gran-colombia-golds-ttm-adjusted-ebitda-surpasses-100-million

Gran Colombia Gold Corp. (TPRFF)(TSE:GCM) strong hike back UP -
I like to see old time shareholders to make a fair return on their
investments - smile)
ex.

https://www.barchart.com/stocks/quotes/GCM.TO/technical-chart?plot=BAR&volume=total&data=WO&density=X&pricesOn=1&asPctChange=0&logscale=0&sym=GCM.TO&grid=1&height=500&studyheight=100

GCM making a strong hike back UP and its more earnings, profits, assets
and gold reserve than when GCM traded @ >$50.-/shares so with fairness
GCM will pass the previous high share prices *~<smile) -

Please, join me to pray for old time GCM investors to get back fair values -
TIA -

Gran Colombia Gold Adopts Shareholder Rights Plan
TORONTO, Jan. 03, 2019 (GLOBE NEWSWIRE) --

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today
that its Board of Directors has adopted a shareholder rights plan
agreement (the “Plan”).
The Plan is effective immediately and the Toronto Stock Exchange
(the “TSX”) has conditionally accepted notice for filing of the Plan,
subject to ratification by shareholders at Gran Colombia’s 2019
annual shareholder meeting, which is currently expected
to be held in June.

The Plan was not adopted in response to any specific proposal or
intention to acquire control of Gran Colombia.
The Board considered a number of factors and believes that adopting
the Plan will protect Gran Colombia's shareholders from unfair, abusive
or coercive take-over strategies and to ensure that all shareholders
have an equal opportunity to participate in any future take-over bid,
and to receive full and fair value for their common shares.
The Plan is similar to rights plans adopted in 2018 by other
Canadian companies that have been ratified by their shareholders.

Under the terms of the Plan, the rights issued will attach to and trade
with the common shares of Gran Colombia and no separate certificates
will be issued unless an event triggering these rights occurs.
The rights will not be triggered by the purchase of shares made
pursuant to a “Permitted Bid”, as defined in the Plan.
The rights will become exercisable only when a person, including any
party related to it, acquires or attempts to acquire 20% or more of
the Company’s outstanding common shares without complying with the
“Permitted Bid” provisions of the Plan or without approval of Gran
Colombia's Board of Directors.
Should such an acquisition occur or be announced, each right would,
upon exercise, entitle a rights holder, other than the acquiring person
and related persons, to purchase common shares at a significant
discount to the then current market price.

Under the Plan, a “Permitted Bid” is a bid made to all shareholders
which must be open for a minimum of 105 days (or such shorter period as
is permitted under applicable Canadian securities laws) and must
contain certain conditions, including that no shares will be taken up
and paid for unless 50% of the common shares that are held by
independent shareholders are tendered to the bid.

Upon ratification by shareholders and completion of certain other
requirements, the rights referred to in the Plan will be listed on the
TSX.
The rights will not appear on the TSX’s trading list as an entry
separate from Gran Colombia’s common shares.
If and when the rights become separable from the common shares, an
application to list the securities issuable upon exercise of such
rights will have to be made to the TSX.
If the Plan is not ratified by shareholders, it will be rescinded or
otherwise cancelled and be of no further effect immediately after such
shareholders’ meeting.
If ratified by the shareholders, the Plan shall be reconfirmed by the
shareholders at every third annual meeting.

To the best of the knowledge of the Company, no existing shareholder
currently owns greater than 20% of the outstanding common shares of
Gran Colombia.
A copy of the Shareholder Rights Plan will be available under Gran
Colombia’s profile on SEDAR at
http://www.sedar.com .

About Gran Colombia Gold Corp.

Gran Colombia is a Canadian-based mid-tier gold producer with its
primary focus in Colombia where it is currently the largest underground
gold and silver producer with several mines in operation at its
Segovia and Marmato Operations.
Gran Colombia is continuing to focus on exploration, expansion and
modernization activities at its high-grade Segovia Operations.

Additional information on Gran Colombia can be found on its website at
http://www.grancolombiagold.com
and by reviewing its profile on SEDAR at
http://www.sedar.com .

For Further Information, Contact:
Mike Davies
Chief Financial Officer
(416) 360-4653
investorrelations@grancolombiagold.com




Golden Cross @ Gran Colombia Gold Corp. (TPRFF) (TSE:GCM)


http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2019/Gran-Colombia-Gold-Adopts-Shareholder-Rights-Plan/default.aspx

http://www.grancolombiagold.com

http://www.grancolombiagold.com/news-and-investors/events-and-presentations/presentations/default.aspx

Golden Cross @ Gran Colombia Gold Corp. (TPRFF) (TSE:GCM)

Gold Bursts Above $1,300 as Slowdown Tremors Spur New Year Rally
Commodities5 hours ago (Jan 03, 2019 09:00PM ET)



https://www.investing.com/news/commodities-news/gold-bursts-above-1300-as-slowdown-tremors-spur-new-year-rally-1737020

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

Ps.
opinion appreciated
TIA


My opinions are my own and and DD I post should be confirmed as unbiased

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