Gran Colombia Gold Corp

in response to Notie Girl's message

Just to reiterate, I do believe in the long term prospects here. Our last quarter was cashflow positive, a first for the company. Our falling share price is a combination of gold falling, the 4th quarter, even if cashflow positive, did not have the earnings I was hoping and the 100M dollar loan is still not confirmed. On top of this, we still did not get an update on share buyback, negotiations with artisan miners, the relocation of the town of Marmato...so the company still has work to do here and the delays in some of these items have scared some of the investors. Having big insider buying this week seems to have steadied the ship. Now if we can get some news about these other matters, than I think we will have no problems resuming an upward trend!

g.

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glorieux
City
Welland
Rank
President
Activity Points
44835
Rating
Your Rating
Date Joined
10/23/2007
Social Links
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Gran Colombia Gold Corp
Symbol
GCM
Exchange
TSX
Shares
382,000,000, November 2011
Industry
Metals & Minerals
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