Aris Mining Corp (ARMN)

[NYBob]

CEO Elevator Pitch: Mike Davies of Gran Colombia Gold (TSX: GCM)
old video but GCM & TPRFF more profitable successful
today than said -

https://youtu.be/eFMGex_bFW4 via @YouTube


Head of the world’s largest hedge fund says a ‘paradigm shift’ in markets now makes gold a good bet -


https://on.mktw.net/2Oa1WZk


Interview with Serafino Iacono, Executive Chairman of Gran Colombia Gold (TSX: GCM)
Gran Colombia Gold (TSX: GCM) - 11% Bond Secured by Physical Gold.
New bond being issued.

https://www.youtube.com/watch?v=2WOb6TJ9D1k


Interview with Serafino Iacono, Executive Chairman of Gran Colombia Gold (TSX: GCM)

One of the smartest, financially literate Gold teams we've ever
interviewed. Making money.

Serafino Iacono:
Well 20% of the debt, that was $150M debt, that was management.
It still is management. So management believes in this company and its
assets.
We have to find ways since the banks don't lend money, since the
Streaming is very expensive and everything.
We started thinking of what's the best way for us to finance.
We were actually were the first one in Canada that created
this kind of bond that we had.

Matthew Gordon:
Tell me about that?
I've marked them on here. I want to know.

Serafino Iacono:
It's a fantastic piece of paper. I mean we own it. We love it.
We do it in such a way that it's beneficial, instead of giving the
money to a bank, or giving the money to a Streaming.
We give it to our investors, because most of our shareholders
are the guys that own the bond.

Matthew Gordon: What are the terms on that?

Serafino Iacono:
The terms of the bond that we have, the only bond that we have,
it's an 8.5% coupon.
We cover the downside which is $1,250 Gold.
So we guarantee that you will get $1,250 Gold.
You get all the upside on the amount of money that was lent to us.
So in the case of this case, when we started the bond, was a $100M.
We're down to $68M in the first year.
We already paid a very large amount.

Matthew Gordon:
So what's the term? When is this going to be paid off?

Serafino Iacono:
It's going to be paid.. the terms is 2024, but we going to finish
paying in 2023.

Matthew Gordon:
No early redemption, no penalties?

Serafino Iacono:
No penalties and not because it's on the end of 2023.
But the paper is a fantastic paper, because it gives you
the coupon, steady coupon.
Interest get paid on a monthly basis, so it keeps that discipline.
And principle gets paid on a quarterly basis.
Plus on the quarterly basis, you get a kicker, if it's above $1,250.
And so it's a paper that gives you 11% return.
Every month, we set an amount of Gold aside in Scotia Bank and
at the end of every three months, we cash in the Gold.
We pay the principal.

Company page:
http://www.grancolombiagold.com

Gran Colombia Gold’s Production Increases 12% to 118,483 Ounces in the First Half of 2019; Raises Its 2019 Annual Gold Production Guidance
July 11, 2019
TORONTO, July 11, 2019 (GLOBE NEWSWIRE) --

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that
it produced a total of 18,882 ounces of gold in June bringing the total
for the second quarter of 2019 to 57,882 ounces,
up 9% over the second quarter of 2018.
For the first half of 2019, the Company produced a
total of 118,483 ounces of gold,
up 12% over the first half last year.



This brings the trailing 12 months’ total gold production at the end of
June 2019 to 230,906 ounces,
up 6% over 2018’s annual production and
above the top end of Gran Colombia’s initial guidance range
for 2019 of between 210,000 and 225,000 ounces.

Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting
on the Company’s latest production results, said,
“We turned in another strong quarter of operating performance in the
second quarter of 2019 led by our flagship Segovia Operations.
The final phase of the expansion of
the Maria Dama plant to 1,500 tonnes per day (“tpd”)
was completed earlier this month, giving us the additional capacity
required to handle our expected near term growth.
In light of our first half results, we now feel confident in raising
our annual production guidance
for 2019 to between 225,000 and 240,000 ounces of gold.”

The Segovia Operations produced 16,891 ounces of gold in June
bringing the total for the second quarter of 2019
to 51,625 ounces, up 10% over the second quarter of 2018.

Gran Colombia processed an average of 1,173 tpd at its Segovia
Operations in the second quarter of 2019,
up 16% compared with the second quarter last year.
After receiving a boost from a high-grade area at
the Providencia mine in the first quarter this year,
Segovia’s overall head grade returned to
an average of 16.8 g/t in the second quarter of 2019
compared with 17.3 g/t in the second quarter last year.
For the first half of 2019, the Segovia Operations produced
a total of 106,011 ounces of gold,
up 13% over the first half last year.

Overall, the Company processed an average of
1,143 tpd in the first half of 2019,
up 18% over the first half last year,
at an average head grade of 17.8 g/t,
up from 16.7 g/t in the first half last year.

Segovia’s trailing 12 months’ total gold production at the end of
June 2019 has increased to 205,518 ounces,
up 6% over 2018’s annual production.
As such, the Company is raising its 2019 annual production guidance
for Segovia to a range between 201,000 and
214,000 ounces of gold.

At the Marmato Operations, June’s gold production
of 1,991 ounces brings its total production for
the second quarter of 2019 to 6,257 ounces,
up 7% compared with the second quarter of 2018.

For the first half of 2019, Marmato produced a
total of 12,472 ounces of gold,
up 4% over the first half last year.

With Marmato’s trailing 12 months’ total gold production
at the end of June 2019 amounting to 25,388 ounces,
the Company is maintaining its 2019 annual production
guidance for this operation of between 24,000 and
26,000 ounces of gold.

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 mine
be found on its website at
http://www.grancolombiagold.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 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 Gran Colombia disclaims, ---- Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

For Further Information, Contact:
Mike Davies
Chief Financial Officer
[phone]
[e-mail]

http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2019/Gran-Colombia-Golds-Production-Increases-12-to-118483-Ounces-in-the-First-Half-of-2019-Raises-Its-2019-Annual-Gold-Production-Guidance/default.aspx

Gran Colombia Gold logo.jpg

Source: Gran Colombia Gold

View all Press Releases


In GOD We Trust -








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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

God Bless America
Ps.
opinion appreciated
TIA
ex.
I am a sucker for a deal, I just keep accumulating.
I still say this is going to 9 or 10.
I think many miners are a triple right where gold is now.
What a deal. )