Columbus Gold Corp CGTFF

Nordgold will tread softly on French soil.

[AltaRounder]

Just read this article in Bloomberg today. Some high profile Senators from both parties are proposing new legislation and sanctions on Russia. Could pass and spread to European countries like the last bunch of sanctions. Article refers to debt, fiannce, oil, mining. Wouldn't be surprises to see a better Tariff side deal for Europe if they follow suit. Point is, geopolitical reasons could prompt NG to sell out after FG ruling. Russians prefer Mali, Congo etc for good reason. Business environment, even for allies is worsening. I still hold half a position after selling half last summer before Alligiant at almost 70 cents. Down 50% on remainder but feeling better about averaging down now, for the rest of the year. Huge upside, desperate need of jobs in FG and the gold hasn't gone anywhere. Senators Propose Boosting Sanctions on Russia, Including Debt https://www.bloomberg.com/politics/articles/2018-07-24/senators-propose-boosting-sanctions-on-russia-including-debt

[ukermann]

As it's been discussed many times on this board, I think Nordgold has a problem. Had this deal sailed thru, things would have fired off seamlessly. They didn't count on this political resistance from the tree huggers in FG. So now, they're stuck. They're a million oz gold operation that needs to grow to get to the next level. So far, they have, nicely. In less than 10 years they

[AltaRounder]

Pretty good assessment of the situation. Those like Newmont and Barrick can execute this application process over the long haul with the French system and bring credability. Would ease pressure high level politicians from Mainland France who support the project. (Marcon and buddies) Barrick needs to start adding to reserves again after a rough time. Gold industry in the doldrums and could really