Matlack has GCM rated a buy with a 1.7 and EPS for 2012 at 9 cents

Welcome To Gran Colombia Gold Corp (GCM.TO) HUB On AGORACOM

Frank Holmes: "the most undervalued pure gold stock in the GDXJ ETF."

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Francis Dube

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Matlack has GCM rated a buy with a 1.7 and EPS for 2012 at 9 cents

in response to

Gran Colombia COO Donald East on Colombia assays of 1.4 g/t gold over 357.1m

canuckinvestor

posted on Jan 15, 2012 12:07PM

http://www.kitco.com/ind/matlack/jan102012_juniors.html

I had EPS for 2012 at 10 cents so nice to get some confirmation that my calculations are in the ballpark. If they get 9-10 cents earnings during 2012, we should get a reprice around the $1.00 by mid year IMO as it will be easy to see if they are delivering or not by then.

Market does not like GCM right now but that can change on a dime and with all the news coming in the next few months and the heavy players behind this stock, IF they deliver, we will be rewarded!

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