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 > Take over when?

<< Previous

Bullboard Posts

Next >>

Comment by AltaRounderon Jun 07, 2017 4:50pm

95 Views

Post# 26337492

RE:RE:RE:RE:RE:RE:Take over when?

I think you've highlighted my understanding of the situation quite well, but I would add the following comments. There is likely some joint lands that the partners could have done exploration on. Due to the tight timeline for Nord to reach BFS, my understanding is that they confined their drilling to the PEA laid out plan. Nord was focused solely on the JV requirements and getting their 50%. Also, the hole to 750 meters within the pit I've assumed is joint. As you pointed out it couldn't be part of any open pit plan so I not so sure what it does for us! I can wait for a CBG explaintion on that hole. I haven't heard anything further from either party on the infill drilling Guistra was musing about in a release. Strange in the sense it would benefit both and now seems to be a good time! GUESS NOT.

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec