Upside Potential
There is undoubtedly a tremendous amount of upside potential in this stock, as it is illustrated in the excerpt below.But beyond that, the only question remains: When will this and a number of other gold stocks start acting like gold stocks, and not like industrial stocks?
“Although is one of the most resource-rich countries in , the earlier civil unrest forced the nation to miss out on the resource exploration and investment boom that swept the world during the last 30 years. This means may be the most under-explored and underdeveloped nation with untapped resources not just in but in the oil, coal and mineral resource hungry world today. Some experts suggest that only 20% of the in-ground mineral wealth has been explored, which translates into an unknown but tremendous opportunity for junior gold mining exploration ventures as well as other resource development, tourism and infrastructure projects in Colombia.
“The delay in exploration is an even greater advantage to the nation and new investors because the current high prices of gold and oil along with stricter environmental concerns mean far higher revenues and better care of the environment than 20 years ago. Due to past history and political problems, today is an untapped and unexplored strategic petroleum reserve and combination that could really benefit investors and .”
https://www.thedailybell.com/2781/Ron-Holland-Gold-and-the-New-Awakening-of-Colombia