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Columbus Gold Corp CGTFF

"Columbus Gold Corp operates in the gold mining industry. The company acquires, develops, explores and evaluates gold in French Guiana. It owns two main projects and other projects. Montagne d'Or Gold project which is comprised of eight mining concessions and Eastside Gold project hosts a large area of shallow oxide gold mineralization. It principally operates in three geographical areas those are Canada, United States, and France."


OTCQX:CGTFF - Post by User

Post by Zeffirinon Jul 21, 2016 9:54pm
442 Views
Post# 25074616

Kwantes says why to buy sponsor Columbus Gold

Kwantes says why to buy sponsor Columbus GoldKwantes says why to buy sponsor Columbus Gold 2016-07-21 20:24 ET - In the News James Kwantes, in the June 21, 2016, edition of Resource Opportunities, tells readers why to buy Columbus Gold Corp., recently 65 cents. Columbus is sponsoring this edition of the newsletter. Mr. Kwantes said buy Columbus on May 1, 2015, at 42.5 cents and on Nov. 3, 2015, at 45.5 cents. A previous editor of the newsletter, Lawrence Roulston, said buy three times from July 18, 2012, to May 26, 2014, at prices ranging from 30 cents to 41 cents. A $1,000 investment for each of the five buys is now worth $8,513. Columbus is developing the Paul Isnard project in French Guiana, which has an indicated resource of 3.9 million ounces grading 1.45 grams per tonne gold and an inferred resource of 1.1 million ounces grading 1.55 g/t gold. If that were not pleasing enough, another company is "paying the bills," says Mr. Kwantes. Nordgold owns 5 per cent of Paul Isnard and can earn another 50.01 per cent by spending $30-million (U.S.) and completing a bankable feasibility study. Separately, Columbus has been drilling its wholly owned Eastside project in Nevada, where recent highlights have included 45.7 metres of 1.41 g/t gold and 83.8 metres of 0.98 g/t gold. Mr. Kwantes concludes that Columbus has "excellent leverage" to gold prices.
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