Continental Gold Limited New CGOOF

RE:RE:RE:RE:$33 million per year interest payments

[carbide]

“Yesterday, the Company received numerous queries of concern from our shareholders questioning whether our largest shareholder, Newmont Mining, would remain engaged with Continental Gold after its merger with Goldcorp. Newmont has unequivocally confirmed that it ‘remains supportive of Continental and the continued development of the Buritic project.”

 

Of course they remain supportive, as long as they are shareholders.  I don't see them committing any more money, since May 2017, before all the bloodshed began.  And their "support" doesn't mean they aren't shopping their position.  Do you think they want to explain to their shareholders in Denver every year why their employees are getting killed in Colombia, for 3% of their annual production?