Read “part 1” here. Gran Colombia Gold (TSX: GCM) announced their quarterly results a few days ago. At September 30, 2019, the cash position was at US$63.2 million. There is another US$5.8 million that goes to the noteholders. Total debt is US$91 million (US$73.6 million in notes due April 2024, CAD$20 million in convertible debentures … Continue reading Gran Colombia Gold’s confusing capital allocation strategy, part 2