Monday, February 17, 2020 12:12:01 AM
Based on 2019 P/E ratio of 10.98, and a future P/E ratio
estimated at 3.71, Gran Colombia Gold stock price could,
and should triple by the end of 2020.
That’s if Golds average price remains in the $1550 range...
if gold spikes this thing should explode.
There are multiple possible catalysts in the near term for the company.
- Announcement of the commencement of the fully funded drill program
of the 24 additional veins located within the same geological
formation of the three veins they’re currently mining
an average 17 G/T Gold from
- Possible announcement of a dividend.
- 2019 earnings released in March.
Compare Gran Colombia golds $350 million market cap. to other
mid-tier producers in South America -
Lundin Gold T.LUG in Ecuador $2.5 Billion,
Continental Gold T.CNL in Columbia just got bought out
for $1.1 Billion, and many shareholders were angry
at the lower takeout price!
Those two haven’t even achieved commercial production yet!
The Alchemist
https://www.marketbeat.com/stocks/TSE/GCM/
The Largest Gold & Silver Producer in Colombia -
Gran Colombia Gold Corp.
679 views•Jan 27, 2020
Cambridge House International Inc.
63.5K subscribers
Mike Davies is the CFO of Gran Colombia Gold Corp. (GCM.TO)(TPRFF:US)
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.
https://www.youtube.com/watch?v=rOiIvacW8UU
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
For Further Information, Contact:
Mike Davies
Chief Financial Officer
(416) 360-4653
investorrelations@grancolombiagold.com
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153836638
In GOD We Trust -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
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
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