Apr 9th 2012, 19:58 GMC Gold Mountain Capital
by Legolas Delgado
The week that was 4/2 – 4/8 - GMC
The week that was 4/2 – 4/8 - GMCGMC Holdings:
Cash – L$ 187,280.27
BOTS – 78,671 @ 1.5194 – L$ 119,532.72 (90)
EARN – 17,000 @ 2.949 – L$ 50,133.00 (90)
GDI – 798 @ 4.137 – L$ 3,301.33 (90)
GVC – 47,628 @ 6.2906 – L$ 299,608.70 (90)
MSX – 23,371 @ 1.0032 – L$ 23,445.79 (90)
RPG – 23,274 @ 0.99 – L$23,041.26 (90)
SEC – 362,173 @ 1.756 – L$ 635,975.79 (90)
VGW – 100,000 @ 1.0287– L$ 102,870.00 (90)
GMC – 237,853 @ 0.0 – L$ 000,000.00
Total – L$ 1, 445,188.85
Last Week Capitalization – L$ 1, 373,996.17
Increase/Decrease = L$ 71,192.68
% Increase/Decrease = 5.1814%
Starting Capitalization – L$ 960,100.00
Increase/Decrease = L$ 485,088.85
% Increase/Decrease = 50.52%
90 Day Average Price (90)
All of BDVR was sold. Bought some GVC and sold some for a very nice profit. Picked up 10,000 more EARN at a good price. Bought 23,371 of MSX at IPO, and bought 23,274 of RPG at a very attractive price. The fund saw a very nice jump up this week and the goal of NAV per share reaching L$ 0.38 has been achieved earlier than expected. At the end of the next two months the NAV per shares price is expected to reach L$0.40.
It should also be noted that GMC is looking to sell its remaining treasury shares, if you have any interest in investing in GMC please contact Legolas Delgado.