Sunday, August 28, 2022 7:39:05 PM
GCM Mining Corp. (formerly Gran Colombia Gold)
(TSX: GCM / OTCQX: TPRFF)
Accretive Acquisition to Drive Valuation Higher
BUY
https://www.researchfrc.com/wp-content/uploads/2022/08/GCM-Aug-2022-Update-1.pdf?vgo_ee=TMO54WfXmKl1gA%2FTEb1O1%2FlMy%2BOWWuyaZunZiCXh6gI%3D
Current Price: C$3.35
Fair Value: C$10.09
Risk: 3
Sector / Industry: Junior Mining Click here for more research on the company and to share your views
YTD 12M
Ret. -37% -27%
TSX -5% -1%
52 Week Range $3.13 - $6.13
Shares O/S 98M
Market Cap. $327M
Yield (forward) 5.4%
P/E (forward) 3.8x
P/B 0.5x
Key Financial Data (FYE - Dec 31)
US$ millions except EPS 2021 2022E 2023E
Revenues $382.61 $393.79 $383.29
Net Income $186.23 $68.37 $64.33
EPS (adj.) $0.91 $0.70 $0.66
Cash and cash equivalents $323.57 $252.63 $85.09
Working Capital $317.65 $266.11 $99.54
LT Debt $306.13 $306.13 $306.13
*See last page for important disclosures, rating and risk definitions. All figures in US$ unless otherwise specified.
Highlights
https://www.researchfrc.com/wp-content/uploads/2022/08/GCM-Aug-2022-Update-1.pdf?vgo_ee=TMO54WfXmKl1gA%2FTEb1O1%2FlMy%2BOWWuyaZunZiCXh6gI%3D
GCM Mining to Combine with Aris Gold
https://www.gcm-mining.com/news-and-investors/Aris-Gold-to-combine-with-GCM-Mining/
GCM Mining Corp. PowerPoint Presentation
https://s28.q4cdn.com/389315916/files/doc_downloads/2022/07/Aris-Gold-GCM-presentation-25-July-2022.pdf
Banks Worried About “Monster” $700 Trillion Derivatives Market As Credit Tightens
August 25, 2022
Banks worried about “monster” $700 trillion derivatives market as credit tightens.
The $700 Trillion Monster
August 25 (King World News) – Alasdair Macleod: In this article we look at the
consequences of contracting bank credit on the economy, financial markets, and
commodities. It is a developing global condition.
https://kingworldnews.com/banks-worried-about-monster-700-trillion-derivatives-market-as-credit-tightens/
$In GOD We Trust - Real Money - AU Safety 6000yrs
)
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
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
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
(TSX: GCM / OTCQX: TPRFF)
Accretive Acquisition to Drive Valuation Higher
BUY
https://www.researchfrc.com/wp-content/uploads/2022/08/GCM-Aug-2022-Update-1.pdf?vgo_ee=TMO54WfXmKl1gA%2FTEb1O1%2FlMy%2BOWWuyaZunZiCXh6gI%3D
Current Price: C$3.35
Fair Value: C$10.09
Risk: 3
Sector / Industry: Junior Mining Click here for more research on the company and to share your views
YTD 12M
Ret. -37% -27%
TSX -5% -1%
52 Week Range $3.13 - $6.13
Shares O/S 98M
Market Cap. $327M
Yield (forward) 5.4%
P/E (forward) 3.8x
P/B 0.5x
Key Financial Data (FYE - Dec 31)
US$ millions except EPS 2021 2022E 2023E
Revenues $382.61 $393.79 $383.29
Net Income $186.23 $68.37 $64.33
EPS (adj.) $0.91 $0.70 $0.66
Cash and cash equivalents $323.57 $252.63 $85.09
Working Capital $317.65 $266.11 $99.54
LT Debt $306.13 $306.13 $306.13
*See last page for important disclosures, rating and risk definitions. All figures in US$ unless otherwise specified.
Highlights
https://www.researchfrc.com/wp-content/uploads/2022/08/GCM-Aug-2022-Update-1.pdf?vgo_ee=TMO54WfXmKl1gA%2FTEb1O1%2FlMy%2BOWWuyaZunZiCXh6gI%3D
GCM Mining to Combine with Aris Gold
https://www.gcm-mining.com/news-and-investors/Aris-Gold-to-combine-with-GCM-Mining/
GCM Mining Corp. PowerPoint Presentation
https://s28.q4cdn.com/389315916/files/doc_downloads/2022/07/Aris-Gold-GCM-presentation-25-July-2022.pdf
Banks Worried About “Monster” $700 Trillion Derivatives Market As Credit Tightens
August 25, 2022
Banks worried about “monster” $700 trillion derivatives market as credit tightens.
The $700 Trillion Monster
August 25 (King World News) – Alasdair Macleod: In this article we look at the
consequences of contracting bank credit on the economy, financial markets, and
commodities. It is a developing global condition.
https://kingworldnews.com/banks-worried-about-monster-700-trillion-derivatives-market-as-credit-tightens/
$In GOD We Trust - Real Money - AU Safety 6000yrs
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
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
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
Recent ARIS News
- Aris Mining Announces Q1 2026 Earnings Release Date • Business Wire • 04/23/2026 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 04/17/2026 04:00:32 PM
- Aris Mining Announces Breakthrough Milestone at Marmato Underground Development • Business Wire • 04/17/2026 03:50:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 04/16/2026 08:31:22 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 04/16/2026 06:41:11 PM
- Aris Mining Announces Revisions to Equity Compensation Plan Ahead of Annual General Meeting • Business Wire • 04/16/2026 06:30:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 04/07/2026 11:40:36 AM
- Aris Mining Reports Q1 2026 Production and Strong Revenue Growth • Business Wire • 04/07/2026 11:30:00 AM
- High-Margin Mining: How the Smart Money Is Navigating the New Gold Supercycle • PR Newswire (US) • 03/18/2026 02:00:00 PM
- High-Margin Mining: How the Smart Money Is Navigating the New Gold Supercycle • PR Newswire (Canada) • 03/18/2026 02:00:00 PM
- Aris Mining Reports Q4 and Full Year 2025 Results • Business Wire • 03/11/2026 09:00:00 PM
- Aris Mining Announces Fourth Quarter and Full Year 2025 Earnings Release Date • Business Wire • 02/26/2026 10:30:00 PM
- Aris Mining Begins Trading on the New York Stock Exchange • Business Wire • 02/19/2026 02:35:00 PM
- AI Behemoth Anthropic Valued at $380 Billion after Series G • PR Newswire (US) • 02/19/2026 02:01:00 PM
- AI Behemoth Anthropic Valued at $380 Billion after Series G • PR Newswire (US) • 02/19/2026 01:55:00 PM
- AI Behemoth Anthropic Valued at $380 Billion after Series G • PR Newswire (Canada) • 02/19/2026 01:55:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/16/2025 01:09:38 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/16/2025 01:02:52 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/16/2025 12:55:45 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 10/15/2025 08:09:55 PM
- Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments • Edgar (US Regulatory) • 10/15/2025 08:08:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/15/2025 08:05:13 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 10/08/2025 08:17:05 PM
- Western Midstream and Aris Water Solutions Announce Preliminary Results for Election of Form of Merger Consideration • Business Wire • 10/08/2025 11:05:00 AM

