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.
GCM:TSX

Expert Comments:

"Gran Colombia Gold Corp. is one that we've been involved with for a number of years. The challenge of operating in Colombia isn't as much the narcotics drug lords as it is the socialist slant of the government. We have seen a restructuring of the board members, and we would like to see the management team strengthened. Rodney Lamond, Mark Ashcroft and Mark Wellings are three new board members. Wellings was one of the people who ran GMP Securities for a very long time for Griffiths McBurney & Partners. He's highly respected on the Street. All three people have a great track record. Gran Colombia has also formed a technical committee of the board. Having a plan and executing on that plan will be important for Gran Colombia going forward. With these new board members, I think we could have great opportunity on this one. The common share price is very cheap. The real play right now is to buy the depressed debt securities because those will see the rerating first. The silver notes have a 1% coupon, but the gold notes will have a 6% coupon. The yields of 25% to 30% are very attractive in this market. So once the market gets some clarity on how Gran Colombia is going to be led, that could be a game changer for the company." read more >

More Expert Comments

Experts Following This Company

Ralph Aldis, Portfolio Manager, Gold and Natural Resources – U.S. Global Investors

The information provided above is from analysts, newsletters, the company and other contributors.

Gran Colombia Gold Corp. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
 
High grade gold producer in Colombia
 
Modernizing operations to enhance cash flow
 
Undervalued to peers
Gran Colombia Gold Corp. Content