GCM.TO (TPRFF)
Sold Today in the mid 2.80's. first of all don't like the way gold prices are trading I think lower prices are very possible. At current prices That is about 8 Million Less per quarter net income before taxes on q1 results. Furthermore this acquisition Looks like it will once again another drag on earning at current gold prices and I wouldn't be surprised, seeing somewhere near .30-.40 at current price. Hence the stock is not that cheap given the country risk, and the fact that I expect between lower prices, and the acquisition, about 35-50% less earnings than I did when I brought it. Maybe I will be wrong, took a loss on this one. Time will tell. All is just my opinion, and I could always be wrong though.