Jan 8th 2012, 08:01 GMC Gold Mountain Capital
by Legolas Delgado

The week that was 1/2 – 1/8 - GMC

The week that was 1/2 – 1/8 - GMC

GMC Holdings:
Cash – L$ 98,721.62


BDVR – 365,437 @ 0.139424 – L$ 50,950.55 (VAP)
BOTS – 93,632 @ 1.212559 – L$ 113,534.33 (VAP)
CAPX – 16,707 @ 8.446174 – L$ 141,110.23 (VAP)
GDI – 798 @ 4.764153 – L$ 4,159.59 (VAP)
GVC – 47,267@ 5.132699 – L$ 242,607.28 (VAP)
SEC – 341,183 @ 1.795089– L$ 565,114.1 (VAP)
VGW – 96,398 @ 1.006195 – L$ 96,995.23 (VAP)


Total – L$1,362,203.09

Last Week Capitalization – L$ 1,318,634.67
Increase/Decrease = L$ 43,568.42
% Increase/Decrease = 3.30%

Starting Capitalization – L$ 960,100.00
Increase/Decrease = L$ 402,103.09
% Increase/Decrease = 41.88%

Volumized Average Price (VAP)
http://digsecondlife.blogspot.com/2011/09/volumized-average-price.html

Increases in SEC and GVC have led to nice jump in value. The portfolio increased by L$ 43,568.42 this week and that is enough to move from the L$ .32 buy back up to L$ .34. I do not see these two companies making big jumps like this again in the near future. Dividends for SEC are due within the next week and with the expected payout of L$ .015 GMC stand to gain L$ 5,117.745. That being said it looks like BOTS is starting to move slightly higher, the resistance at 1.20 has finally been broken and now the trading is between 1.19 and 1.25.

Two weeks ago I said I see the NAV of GMC moving to L$ 1,400,000 by the end of January. I still firmly believe this to be possible and that would settle the buyback price at L$.35. For this to be achieved GMC needs grow by L$ 38,000 in the next three weeks.

In line with the new NAV the buyback will now be set to L$ 0.34