SPECIAL PODCAST: Serafino Iocano of Gran Colombia Gold

5

You may recall that Eric Sprott first mentioned Gran Colombia a few months back and he and I both traded into and out of the stock at a healthy profit. The question is...did I get out too soon? That's always the risk.

So today, the Executive Chairman of Gran Colombia, Serafino Iocano, joins me to discuss the company and the latest moves they've taken to maximize shareholder value. This is a compelling story as their primary mine is one of the highest-grade, producing mines in the world. Additionally, the company recently took steps to spin off a couple of mines in order to maximize their value. This new company is called Caldas gold and it's already trading in New York and Toronto.

More info on Gran Colombia here: http://www.grancolombiagold.com/Home/default.aspx

More info on Caldas Gold here: https://www.caldasgold.ca/home/default.aspx

Thanks again to Serafino for being so generous with his time. I think you'll find this podcast to be quite informative.

TF

  5 Comments

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Silverstein
Sep 9, 2020 - 7:38pm

Too good to be true

What I hear is that they expect 240,000 OZ of gold in the next year at a cost of less than $ 900 per OZ. At $1900 gold that equates to earnings of $240,000,000. With about 60 million shares outstanding this would be Earnings of about $4 dollars per share. Stock is selling at around $ 5 dollors. Am I missing something?

chrtoo
Sep 8, 2020 - 4:45pm

Gran Columbia Mining CGM.T

One impressive marketing push, today, on this name. Sure wish I was in a couple of months ago, when Eric first mentioned this one.

Literally, every investment site and email message I am getting today has GCM.T on their 'must buy' list. A lot of news about a property spun out from Gran Columbia called Caldas Gold Corp CGC.V which is also on their 'screaming buy' list in everybody's emails, today.

Given all that .. I expect this to be a very interesting listen.

CHR too

I'm not Burt Reynolds
Sep 8, 2020 - 1:28pm

Sold early ?

I did the same thing with De Grey Mining. It reached .999 US today. I bought at .04 and thought I should sell at .60 and again at .90 I did keep a 1000 shares and at over 2000% profit they are free to ride. But it hurts to see it continue climbing and be mostly out of this position. Seems over rated at 1.2 Billion market cap and still not a producer. But looks like I am wrong.(or am I?)

I know. Can't go wrong selling for a profit. But I do wonder when will Wallbridge will do the same?

Fargo Rodger
Sep 8, 2020 - 11:32am

Love the "Gold coins" story

Love the "Gold coins" story vs cash. Also interesting to hear him say it's going to be 10-15 years that things are going to be kind of crazy before we stabilize.

dantonov81
Sep 8, 2020 - 10:44am

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