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Bullboard - Stock Discussion Forum 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... see more

OTCQX:CGTFF - Post Discussion

Columbus Gold Corp > Nothing From Nordgold?
View:
Post by BullStockington on Jun 16, 2017 11:23am

Nothing From Nordgold?

Haven't heard anything from Nordgold about their construction decision for Montagne D'Or.

Anyone want to speculate on why we haven't heard from them yet, when we will, or anything additional to what's already been said about what their intentions are?

IMHO like Alta and GH discussed, there's a decent case they might be sellers.
Comment by AltaRounder on Jun 16, 2017 11:43am
If both parties ageed to an decision extension for some reason we should of heard about it. Maybe we get an update after the close or Monday. They would both certainly have alot to talk about if Nord revealed it too would like to be a seller. Outside of a few standard clause's like Rights of First Refusal the JV may not refer to the situation.
Comment by ukermann on Jun 16, 2017 4:37pm
If there is no delay as 123 pointed out, I would think N has little downside in saying they're in and ready to build it out. Puts a little pressure on us for the next 45 days to respond as to what we will do. I would think if this patterens out that way, news will start to flow from CGT on whatt they're finding in both FR as well as Nevada. Not only would that make the pit more desirable ...more  
Comment by AltaRounder on Jun 17, 2017 1:19am
UKE: It's always the same with all these mining companies - hurry up and wait. A buddy and I were joking that "We'll have a gold mine in Nevada to sell to help fund FG" soon. Nevada Target 5 could be a pleasant surprise and Industry players will really be watching for the Feb 17 FG drilling results to see upside potential. These catalysts, alone could add significantly to the ...more  
Comment by 123buyholdhope on Jun 24, 2017 6:31pm
Guistra stated prior to the presentation of the BFS that CBGDF had already 1) taken on a third party to analyze the BFS after it came out so as to identify ways in which the IRR presented in the BFS could be improved, without further drilling. However, we are also waiting for 2) the ESIA which should be out by the end of June and could also indicate ways in which mine construction $$ might be ...more  
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