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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Message: Sellers

We have had lots of sellers, usually one or 2 a day would be dumping 300-500k shares on the market. Yesterday was the first day such sellers were not there. I attributed that to MLK day and US markets being closed but this morning again sellers seem to be MIA. There is no questionning that this stock is undervalued and that there are buyers but they were overwhelmed most of the time by those sellers. If those sellers have changed their mind about the prospects of this company or finished selling, then we could find ourselves reversing fortunes quickly.

We need to break the downtrend and get back over the 200 day MA. If we accomplish this, then we may see a share price that is more in line with our assets and production.

Glorieux

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