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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 goldhunter11on Mar 04, 2017 5:35pm
122 Views
Post# 25932496

RE:RE:RE:RE:RE:RE:RE:John Helmer Article

RE:RE:RE:RE:RE:RE:RE:John Helmer ArticleAltaR,
Concur that 123Buy's post was exellen, thanks 123Buy for spend the time for a good piece.

I have a question wrt your post which says: "It's great that Nord doesn't participate in the surrounding claims and Columbus is fast tracking a decent drilling program".

Question: Where did you get this "fact" that Nord does not participate in this drilling? The 13 Feb 20117 NR only talks about the potential expansion of the "Montagne d'Or" Project on both East and West and at depth. So it would appear that it's the same project they have with Nord. Accoring to the Helmer's article, page 5 (at the bottom) raises the same question (it says: since Nordgold was financing the Guiana Project..."

I woud think that any potential expansion of the resource of the project would help both CGT and Nord, so I would expect Nord would chip in (over and above the $5M program, or participate in the PP) since the money would be small compared to the potential return for both companies.

BTW, has anyone talked to Columbus IR about this?
Cherers,
GH

 

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