May 22nd 2012, 19:26 GMC Gold Mountain Capital
by Legolas Delgado
The week that was 5/14 – 5/20 - GMC
The week that was 5/14 – 5/20 - GMCGMC Holdings:
Cash – L$ 129,758.87
ADS – 60,000 @ 1.2386 – L$ 74,316.00 (90)
BOTS –125 @ 1.8512 – L$ 231.40 (90)
BOOT – 100,000 @ 1.0011 L$ 100,110.00 (90)
EARN – 17,000 @ 3.0973 – L$ 52,654.10 (90)
GDI – 798 @ 3.2969 – L$ 2,630.93 (90)
GVC –60,000 @ 8.551 – L$ 513,060.00 (90)
MSX – 23,371 @ 0.999 – L$ 23,347.63 (90)
RPG – 23,174 @ 0.9677 – L$ 22,425.48 (90)
SEC – 364,673@ 1.6936 – L$ 617,627.13 (90)
VGW – 100,000 @ 1.0443 – L$ 104,430.00 (90)
GMC – 70,371 @ 0.0 – L$ 000,000.00
Total – L$ 1,640,591.53
Last Week Capitalization – L$ 1,599,899.00
Increase/Decrease = L$ 40,692.54
% Increase/Decrease = 2.54%
Starting Capitalization – L$ 960,100.00
Increase/Decrease = L$ 639,798.99
% Increase/Decrease = 70.88%
90 Day Average Price (90)
I missed the prior week’ report due to real life obligations.
The fund is up 2.54% in the last two weeks and is still moving steadily up. GVC is now valued on the market between L$ 11 and L$ 14 a share. As the 90 day average of GVC moves towards that price it will carry GMC’s NAV per share well into L$ 0.45 and beyond. We are excitedly waiting for reports back on how BOOT’s IPO has helped the company grow in the first month since the IPO took place. I believe BOOT will be the next rising star for the exchange and has the potential to go to a L$2.00 a share stock in the coming months.
Note: If anyone is looking to buy into GMC please contact me and I can either arrange a stock swap or sale. If you missed out on the explosive growth of GVCs stock price you can still buy into it by buying shares in GMC.