Columbus Gold Corp CGTFF

Metals & Mining Industrial Metals & Minerals

"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

Columbus Gold Corp > Friday March 17th

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Comment by AltaRounderon Mar 13, 2017 11:02pm

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Post# 25974939

RE:RE:RE:Friday March 17th

Bullstock: I see the most likely Scenario as a Producer buying all the FG assets Columbus owns with a spin out (Nevada et al). Each Columbus shareholder would receive a cash payment (FG) + 1 share in a new Columbus entity. Let's be frank - Columbus management will want to keep their jobs and with the Wallace connection and experience I'm all for it In my opinion the current CGT share price assigns little value to our Nevada assets. A spinoff holding would rate it higher IMO. Who really knows but it'll be a learning experience.

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