Columbus Gold, CGT.to C$.77
Posted: Wednesday Sep 7 3:22:52PM 2016
I've been holding CGT.to for a few months. I was attracted by the size of their project in French Guiana(6 million oz resource) as well as the fact that they are being carried by big gold miner Nord. I expect Nord to buy them out as they have done with other minority partners. They should get a nice pot of cash for their 45% share and be able to develop their Eastside project in Nevada.
So this is a near term producer with a big resource and a fallback project after an expected buyout. Here is a writeup from Resource Opportunities about CGT.to. CGT is a paid advertiser to the site so not objective but a good overview.