Continental Gold Limited New CGOOF

RE:RE:RE:RE:RE:Financial Post on always off on Continental sorry Retail :((

[TonyLebian]

@Gumba @KP. I hear what you're saying, but I don't see  a company risking a billion dollars to buy and build a mine that has thousands of illegal miners on it and questions on permitting?

The days of Ventana gold are long gone and majors are looking at safe jurisdictions for their investments i.e. Canada, Australia, US, etc.

"Marching season.... An estimated 2,000 illegal miners participated in a procession to Buritica in Antioquia to protest against government measures to evict them from criminal mining operations on Continental Gold’s (TSX: CNL) concessions, reported El Colombiano. A key organizer was Hernan Ortiz, a militant and recently ordained Anglican priest, who has a long list of criminal investigations against him, reported Semana. "

https://gallery.mailchimp.com/b8f72b13ea063e2b622c65960/files/Col_Gold_Jul_2016_FINAL.pdf

It's dangerous like crazy to operate down in Colombia with gold, here is what Bloomberg says:

https://www.bloomberg.com/news/articles/2016-06-22/rebel-romance-means-gold-and-cocaine-to-flow-after-peace-deal

I'm just not convinced there's a buyer for this asset for another 2 - 5 years, it's very messy from what I see and safer could still be better with the likes of  Roxgold, Lundin Gold and sooo many others that don't have these problems...