Every why hath a wherefore

Gran Colombia Gold (GCM.to): Annals of NoShitSherlock

Oh Serafino…

As IKN explained, carefully and patiently, at the time of the last financials filing for GCM.to

“But it’s only when you open up the MD&A and read it that the scale of the upcoming back passage intercourse coming the way of equity holders becomes fully apparent. Read this, read it all, it’s from the GCM 3q14 MD&A filed this evening, it’s why this share price is going to nothing, it’s your fundies analysis case study of the week”

We then offered the section of the 3q14 MD&A that was necessary reading, but it seems that not enough people got to read the post because GCM.to is down just four cents from that happy day in mid-November.
That’s about to change.

Serafino Iacono might have walked away with mega-millions from his non-stop insider sales of Pacific Rubiales (PRE.to) while it flew high (that gig’s getting close to its coda, too), but I’m glad to say he wasted at least some of his luck-fuelled fortune by ploughing it into this ridiculously badly run mining company. And let us not forget the role that the brown-nose pumpers of this stock, Thom Calandra and Tommy Humphreys, played when pumping GCM.to to all and sundry while on the payroll.

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