GCM:TSX

Gran Colombia Gold Corp.

Gran Colombia Gold Corp. is a Canada-based gold and silver exploration, development and production company primarily focused in Colombia. The company is the largest underground gold and silver producer in Colombia, with several underground mines in operation at its Segovia and Marmato projects. Gran Colombia is currently advancing a project to develop a modern, large-scale, gold and silver mine at Segovia.

Expert Comments:

David Morgan, Silver-Investor.com (1/22/15)
"Gran Colombia Gold Corp. announced yesterday that it has negotiated a contract amendment with the primary contract miners at its Segovia primary mining operation. . .the combined monthly interest payments on its senior debt will total $1.16M/month. This will reduce all-in costs. Further, it has brought SRK Consulting to come in and optimize the life-of-mine plan, thereby further reducing operating costs."

George Albino, GMP Securities (8/14/14)
"Gran Colombia Gold Corp. announced its Q2/14 results, where production improved and moved past an early setback. . .total production from the Segovia and Marmato operations of 25.7 Koz, which is a 34% improvement compared to Q1/14. . .while we continue to see loads of opportunity in the asset base there is material risk in Gran Colombia successfully navigating its way through given current low cash balances. . .we maintain our Speculative Buy rating and CA$3.60 target."

More Expert Comments

Experts Commenting on This Company

George Albino, Analyst - Gold – GMP Securities
David Morgan, Publisher – Silver Investor

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
 
High grade gold producer in Colombia
 
Modernizing operations to enhance cash flow
 
Undervalued to peers
Gran Colombia Gold Corp. Content