Value Microcaps Junior Miners

[Bobwins]

CGT.v +.08 to C$.88

no news but CGT has been moving up lately. Today's 10% move on 624K shares was the biggest move lately. Big news will be 12/16 when Nord is due to publish Bankable Feasibility Study and reserve ozs for French Guiana project.

Here is latest CGT presentation:

http://www.columbusgoldcorp.com/i/pdf/columbus_gold_presentation_2016-07-07.pdf

Likely Nord will buy out CGT after BFS. Project is big, with PEA projections of 273K oz of gold for first 10 years and $711 AISC. CGT 45% share should be worth several hundred million dollars. Nord is fully capable of buying them out. They grossed over a billion dollars from 9 mines last year. Capex should be 400million range.

I think it's very likely Nord will buy out CGT and CGT will use the money to advance their promising Nevada project. They are due to publish initial resource estimate in 12/16.