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Columbus Gold Corp CGTFF

Metals & Mining Industrial Metals & Minerals
"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 are Canada, United States, and France."


OTCQX:CGTFF - Post by User

Columbus Gold Corp > Columbus Gold Announces Positive Bankable Feasibility Study
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Comment by goldinontarioon Mar 21, 2017 1:29pm
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Post# 26008886

RE:RE:Columbus Gold Announces Positive Bankable Feasibility Study

RE:RE:Columbus Gold Announces Positive Bankable Feasibility Study

firstly I am not sure it was "good news" but it was expected news.  The numbers didn't deviate too much from the PEA which I guess is good news.

IMHO, the reason it is down (and now recovering) is that people pushed it up in anticiaption of the news and then sold on the news (i.e. the old adage, buy on rumour sell on news).  Once the letter writers and analysts weigh in, my guess is we will have fully recovered and hopefully even bettered the   $1/share that we saw just before the news.

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