Ultimately they will end up with around 58 million shares out after the 2018 converts. But, the stock is still way undervalued. The debt is now very controllable. If I had to guess, they did this clean up in an effort to sell down the line. If I had to guess, the price will be North of $10. We still don't know the true value of Marmato. So just based on the mine they have now the stock price should be 5-6 bucks. Then throw in Marmato and you can easily arrive at $10+.
T PS also insiders own a bunch of debs and stock. So they are aligned with us.
Morning - sooo do you have any suggestions when it comes to voting?
Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting
GRAN COLOMBIA GOLD CORP. Annual Meeting of Stockholders MEETING DATE: June 14, 2018 For holders as of: May 4, 2018 CUSIP NUMBER: 38501D808 Account Number: #####002 CONTROL NUMBER: 9594745322915920
You can enter your voting instructions and view the shareholder material at the following website: https://www.proxyvote.com