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Bullboard - Stock Discussion Forum COLOMBIAN MINES CORPORATION V.CMJ

"Colombian Mines Corp is an exploration stage company. It is engaged in the acquisition, exploration and evaluation of assets in Colombia."

TSXV:CMJ - Post Discussion

COLOMBIAN MINES CORPORATION > El Dovio drilling...
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Post by orepass on Feb 05, 2013 8:46am

El Dovio drilling...

The water permit for El Dovio is expected to be received this month (February)... Remember that February is a short month and that the obtention of the permit will likely be a catalyst for the share price to move to the $0.70-$0.75 range imo. El Dovio should be drilling in March and the target looks extremely good... In fact ,I believe that El Dovio could be a company maker. Big exploration success in Colombia means hundreds of millions of mkt cap. Colombian Mines is sitting at a mere $15 million mkt cap right now... The math is easy... Tremendous risk/reward opportunity here...

orepass

Comment by Oilfreak14 on Feb 06, 2013 4:22pm
We also can't forget that Teck Resources will also be starting drilling on CMJ's bulk tonnage Gold/Copper Yarumalito property very soon as well. I believe Colombia Crest (CLB.v) should be back drilling at Venecia/Arabia later in Q1 to Q2 possibly too and are just arranging some more financing to do so. Higher grades are expected as they drill a bit deeper on those targets ...more  
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