Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Sep 11, 2017 5:12pm
141 Views
Post# 26681924

RE:RE:Guistra should Hold FG but sell Allegiant?

RE:RE:Guistra should Hold FG but sell Allegiant?I'm somewhat amazed that Mr Market is not giving Columbus a valuation anything close to what we as shareholders know. Currently we have a market cap of approx $80 million. Consevatively, if one values FG at 4 million z's worth $100 per z, our 45% comes to $180 million. Nevada, and I compare them to NULGF, as they're very similar in many ways, should be worth another $40-$50 million, just by the news thats already been released. Nulgf sports a cap of about $57 million, and is hovering around the low end of its 52 week range. So if those totals are well over $200 million, why are we holding around $80 million?? Dosn't make sense....The market is totally dismissing the FG deposit as ever coming to life. Yet, we all know that a 4-5 million ounce deposit in todays eroding reserve base held by the big boys, won't go by the wayside forever. Thru time, this board has talked about the value of Columbus lying in the FG pit, with Nevada being a freebie. After the spin, how ironic will it be that Mr Market grants us our fair value thru Nevada and FG is the freebie.....
<< Previous
Bullboard Posts
Next >>