Gran Colombia Gold’s confusing capital allocation strategy
One yellow flag for investors is if company management starts to deviate away from previously professed strategies without giving reasonably decent justification for such changes. Since 2016’s recapitalization, GCM has been focused on improving its mining operations (so they could pay back the debt incurred from the recap). The debentures issued in the 2016 recapitalization … Continue reading Gran Colombia Gold’s confusing capital allocation strategy
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