Columbus Gold Corp CGTFF

Six Mining Companies to Watch as M&A Heats Up

[Zeffirin]

https://www.theaureport.com/pub/na/six-mining-companies-to-watch-as-m-a-heats-up Source: Thibaut Lepouttre for The Gold Report (7/22/16) CGT part : Today I will focus on some logical buyout targets in the Americas. Junior exploration companies with an existing joint venture (JV) agreement are on top of the list. Not only does the existence of a JV deal confirm the company's asset has drawn the attention of other companies, but also those larger companies usually don't want to deal with minority partners on a project basis An excellent example would be Nordgold N.V. (NORD:LSE), which dislikes having minority partners on any of its projects. Even if there's a lot of opposition from the shareholders of the targeted company, Nordgold pushes through and usually secures 100% ownership of the asset it wants to get its hands on. That's what happened with High River Gold Mines several years agoNordgold wanted to own the Taparko-Bouroum and Bissa projects, rather than having High River Gold as a minority partnerand that's what might happen to Columbus Gold Corp. (CGT:TSX; CBGDF:OTCQX) as well. Nordgold is earning a 50.01% stake in Columbus' Paul Isnard gold project in French Guiana, but it's not unreasonable to think Nordgold will want to own the entire asset. As the after-tax NPV8% of the project is almost half a billion dollars (using a gold price of $1,300/ounce), Columbus Gold is trading at just one-third of the NPV, and making a deal on Paul Isnard might create a win-win situation for both parties involved.

[tigris72poo]

Agree...NORD did the same thing with NorthQuestlast month Nordgold announces expiry of offer to Northquest (NQ.CN) shareholders  Thursday, June 30, 2016 12:00:52 PM (GMT) Nord Gold announces that its offer to purchase all of the common shares of Northquest Ltd. it does not already own expired at 5:00 P.M. (Toronto time) on 29-Jun-16. Since Nordgold's initial take up of Northquest

[123buyholdhope]

As a longer term shareholder of CBGDF this is my main concern; that Nordgold will go for a low ball price for the remaining 45% of the French Guyana project they don’t own after the BFS (4th ¼ 2016)? While CBGDF has from its low doubled over the year the SP seems to now have become somewhat range bound (45 – 55 cents), often being sold down toward the end of the trading day. This is despite

[Zeffirin]

Hi, A site to know Institutional holders (Auplata SA doesn't hold 20.2 M shares anymore) : https://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=cgt-t&country=CA

[baystock1]

Axmin Inc (axm.v/axmif) made both a new 52 week high and 2+ year high on friday when it hit 5 cents.   -Market cap is only $5 million and they are receiving C$2 million/year in royalty income from Teranga Gold:   From the 2016 Q1 report: Royalty income in the amount of $457,259 has been recognized in the three months ended March 31, 2016. Over 4 quarters this works out to $1.8