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Columbus Gold Corp CGTFF

"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

Comment by ukermannon Aug 27, 2017 8:39am
121 Views
Post# 26625825

RE:FG on Hold; Allegiant on Speed Dial?

RE:FG on Hold; Allegiant on Speed Dial?I wouldn't be surprised to see IAG take more of this, right up to the 19.9%, prior to the spin-off. By doing so, gets them a nice foothold in the Nevada fields of which they have no presence, and gives them a front row seat in FG, that's already proven up, expanding, in an area that they're already in. Thus, if down the road they get a bid on themselves, (Newmont?), They end up with more potential to whoever is courting them. Bottom line is the really big guys need to replace ounces, so anybody with deep reserves, and is already producing profitability will be looked at closely.
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