$Gran Colombia Announces First Quarter 2021 Results; Files National Instrument 43-101 Technical Report for Its Segovia Operations May 13, 2021 TORONTO, May 13, 2021 (GLOBE NEWSWIRE) --
$Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three months ended March 31, 2021. All financial figures contained herein are expressed in U.S. dollars (“USD”) unless otherwise noted.
a whopping $2.02 earnings per share in a single quarter for a $5 stock.
all those quarters in the past GCM got punished for having a loss from non-cash charges. Now that the opposite happens, shouldn't GCM get rewarded for a change?
as i said last q, share price rising from $6 to $8 gave them a big non- cash charge. Q1 dropping from $8 to $6 gave them a gain.
GCM should only get better going forward.
$11.2 million VAT refund finally received in q2 to boost cash. no more drag from Marmato.
Expansion to 2000 tpd drops aisc further and increases production.
q1 is always lowest production q. tailings recovery project adds to earnings. lower interest to pay on smaller debt.
those millions of shares short better run for cover!
RE: Q1 $2.02 earnings per share
financial sites with misleading negative earnings numbers for GCM for over a year should finally turn positive, unless they decide to cheat and not update the numbers. By invest234
$Gran Colombia Gold Corp., Colombia's Largest Gold Producer, CEO Clip Video T.GCM | 2 days ago Vancouver, British Columbia--(Newsfile Corp. - April 27, 2021) -
$Gran Colombia Gold Corp. (TSX: GCM) (OTCQX: TPRFF) - ESG Corporate Manager, Sasha Villoza speaks about how Colombia's largest underground gold and silver producer is being a responsible steward of the environment.
Highlights include interviews with senior management; footage of Medellín, Segovia, inside the Company’s mines and processing plants;
progress in technology and environmental impact;
interviews with local collaborators including $The Angelitos de Luz Foundation and artisanal miners;
as well as the positive impact that the Company’s had on the communities of Segovia and Remedios through its investments in education, infrastructure, and formalization of artisanal mining.
Watching this obvious they plan to mine a long long time there. $6,000 jobs.
One of the highest jobs per $million mkt cap companies out there have to guess.
$40-YEAR CHART PROOF: GOLD & SILVER POISED FOR **HISTORIC** BREAKOUT! Neil Woodyer, CEO of Aris Gold Corp joins me to discuss this extremely undervalued company which may well be Neil's third home run in a career filled with billion dollar mining… WATCH
According to a 2019 preliminary economic assessment, the project would have a mine life of 24 years and an initial preproduction capex of C$378 million, producing 1.5 million oz. gold in its first 10 years.
A C$232 million expansion in year 11 (to 8.4 million t/y from 4.2 million t/y) would be financed from cash flow and bring total production to 4.5 million oz. over the life of mine.
Gran Colombia’s Segovia produced more than 220,000 oz. of gold last year.
(This article first appeared in the Canadian Mining Journal)