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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 by User

Comment by Oilfreak14on Feb 06, 2013 4:22pm
176 Views
Post# 20948520

RE: El Dovio drilling...

RE: El Dovio drilling...

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.

Also, there may be a few holes drilled in the near term at Cerro de Cobre which is the High grade Copper prospect closer to Bogota which CMJ holds at 100% currently. 

Additionally, early sample work continues on the new High grade property Mercedes, so expecting more  assays on that one. Early work indicates this one holds Huge potential!

Lots going on for a small company as you can see, and this can be bought currently for under a 20 million market cap!  The risk vs reward is tremedous as orepass mentioned. A market cap above 100 million is certainly not unreasonable with some strong drill results.

Do your DD on this one and speak to management as well  as they are very approachable. The website is a good place to start.

GLA,

OF.

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