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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

Comment by tigris72pooon Feb 10, 2017 12:45pm
242 Views
Post# 25829247

RE:RE:RE:RE:NORD going private

RE:RE:RE:RE:NORD going privateYes, but NORD is not known to pay a big premium. They are hardly offering any premium to their own minority holders and they clearly think it is worth more. So if somebody else wants French Guyana badly enough (say an Agnico Eagle or Newmont or IAM Gold) that they are willing to pay up for CGT, NORD might decide to sell their stake also. In other words, NORD would definitely like to steal it but they won't be able to because too many other buyers want it also. So NORD may decide to sell instead at a premium and take their marbles somewhere else where they can get a better deal. Just thinking....
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