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Re: None

Thursday, 10/27/2016 1:20:31 PM

Thursday, October 27, 2016 1:20:31 PM

Post# of 35791
Somebody asked that new PR be stickied-so will post this here 1st so can be stickied to replace my old sticky(posts at top of message board for those who dont know)
todays PR is some ways down in this post

http://www.otcmarkets.com/stock/NEWC/news

From 9-27 PR: "The Peace Treaty signed yesterday in Cartagena between Colombia and the FARC will make generating interest for investment in Colombia much easier.'' This includes regulated med mj- cf to prior illegal THC (psychogenic) focused mj

Compared to other med mj stocks NEWC is actually a mining company with many emerging or upcoming revenue streams representing unrealized value,including:

1) most everybody knows about NEWC's participation in med mj via its JV SANNABIS SUB,including a product high in CBD but no THC for export to USA and a 29 page catalog being translated to English

2) and its new JV sub for application for an ORPHAN DRUG- possibly for epilepsy,especially for children,as that has been mentioned in NEWC releases a couple times.

3) BLUE GEM coal-previous PR said would be obtaining coal equipment from KY-TN border at fire sale prices
From 9-27 PR:
New Colombia Resources' Blue Gem coal is only found on the KY-TN border and central Colombia and is used to produce specialty metals such as Silicone to make solar panels, electric car batteries, and many more next generation products. New Colombia Resources has concession contracts and applications totaling 5000 HA [ca 12250 acres] of high quality metallurgical coal that will always be needed to produce steel and other specialty metallurgy products. Blue Gem coal miners in Kentucky are shutting down operations due to over-regulation creating a supply void the Company intends to fill."

4) METALLURGICAL coal to coke steel furnaces- "The Company's coal reserves are estimated to be 70% metallurgical and 30% thermal". Coking coal commands higher prices than thermal (space heating).
New Colombia Resources expects to partner with a major corporation to begin mining high quality metallurgical coal, however, the cash flow from the gravel operations will allow them to begin coal mining operations on their own.

The spot price of coking coal has skyrocketed this year from $70/tonne to over $ 200/tonne because of China's new policy to decrease production and other factors. Although the company director, Erasmo Almanza, entered into a US$ 200 Million LOI with an Asian firm, New Colombia Resources has been meeting with other major Asian conglomerates and soliciting steel mills to get the best deal possible to begin a sizable metallurgical coal mining operation. Original plans are for output of 30,000 tonne/month, at today's spot price that would produce monthly revenue of over $ 6,000,000.

Goldman Sachs issued a report last week stating their projection that coking coal prices will remain high. http://www.bloomberg.com/news/articles/2016-09-23/goldman-says-higher-coking-coal-prices-are-here-to-stay

5) THERMAL coal- see the 10-19 PR below :
New Colombia Resources in Negotiations to Build a 300 MW Thermal Coal Power Plant Near their Coal Property in Colombia in Association with a Foreign Entity that Secured a US$ 200 Million L.O.I. from a Major Construction Company in China
6) in addition to the original coal concession with an estimated 15-17 million tonnes of reserves they have "another pending ACQUISITION for 390 ha and a solicitation contract for 184 ha metallurgical coal" concession- the additional 574 hectares totalling ca 2.22 square miles-ca 1420 acres.

7) this was averaging ca 4c PPS many years ago before the original coal work plan was even approved in Dec 2013.
Final permits are close, greatly increasing value, as permits are a major factor in mining company value.

7) since then AGGREGATE has been added to work plan and the appropriate Govt land use agency is formally reviewing NEWC's professional scientific modification of its aggregate plan to conform to govt request for modification from 1 to 2 pits.
'The cash flow from the gravel operations will allow them to begin coal mining operations on their own." on their original metallurgical concession.
From the 9-27 PR: Plans are to begin immediately crushing rocks to generate revenue [once permit expected shortly is approved]. In 2014 the Company purchased a rock crushing plant with a 1000 m3/day capacity that will begin to generate revenue immediately. To see a financial model of the gravel operation, click here https://drive.google.com/open?id=0BxSKP5j2FlseOFE5TVdReGRCUUE

8) CONVERTIBLE DEBT ELIMINATION: pps was strangled to a ridiculous low due to the typical convertible notes required to enable these companies to turn the corner until revenue begins. NEWC forecast a pending 8k to announce all debt that can be [at least currently]converted has been eliminated: "Drafting an SEC Form 8K to address the elimination of debt that was recently being converted into free trading shares".

9) UPDATED FINANCIALS
Pps also suffered due to a long delay in financial reporting due to financial exigencies. Toxic debt resulting in the maniacal conversion by a holder who cared nothing about operations was incurred to allow NEWC to pay auditors etc to update SEC reporting financials,which are expected by the end of October.
Many INSTITUTIONS,due to fiduciary duty, cannot invest until financials are updated. MM's know this -may be partly why MM's have been heavily buying. Updated financials will greatly increase the investor pool.

10) Upcoming USA ELECTIONS are providing cover for many pennies(until financials) to "preserve the legacy'' and are expected to increase the USA market for both medical and recreational MJ.

11) PR's note NEWC purchase of hemp plantations

http://www.otcmarkets.com/stock/NEWC/news


New Colombia Resources in Negotiations to Build a 300 MW Thermal Coal Power Plant Near their Coal Property in Colombia in Association with a Foreign Entity that Secured a US$ 200 Million L.O.I. from a Major Construction Company in China

BARRANQUILLA, Colombia, October 19, 2016 /PRNewswire/ --

Metallurgical Coal prices continue to surge, up over 300% this year to over $ 230/tonne

New Colombia Resources, Inc. (OTC: NEWC) ("New Colombia or the 'Company"), a Colombian resource company listed in the U.S. with premium metallurgical coal mining titles and medical marijuana subsidiaries is pleased to report on the status of a project to build a thermal coal power plant in Guaduas, Colombia. Company subsidiary, Compañía Minera San Jose Ltda. entered into negotiations earlier this year with a foreign entity to build a 300 Megawatt thermal coal power plant near their estimated vast coal reserves. This entity has secured a Letter of Intent for US$ 200 Million from a major construction company in China to join a consortium to finance the development of the coal operations to feed this new plant and construction of the power plant.

New Colombia Resources' Director, Erasmo Almanza, received a report from the consortium partner on the status of negotiations of the installation of the thermal coal power plant in Guaduas. The report states there have been meetings with the financing team seeking the best financing option for the project and have modified the volume of power generation to optimize material inventory with time. A decision was made to program a meeting with Mr. Almanza after these adjustments are finalized to protocolize the negotiations and establish the new power company.

Guaduas is located 110 Km northeast of the capital of Bogota with an estimated 10 Million people. Colombia's energy generation is dominated by hydro-electric which causes concerns during droughts and a weather phenomenon.

The Company's coal reserves are estimated to be 70% metallurgical and 30% thermal, for a comprehensive estimate of probable reserves on their first concession contract ILE-09551 visit http://www.newcolombiaresources.com/assesment.php

The concession contract to be developed by the consortium is in close proximity to Concession Contract ILE-09551 and expected to have a similar 70/30 ratio of coking coal to thermal coal.

The Company feels this is a major development creating a local market for their thermal coal while developing metallurgical coking coal that has more than tripled in price this year to over $ 230/tonne. Additionally, the Company has met with a multi-billion-dollar Asian conglomerate interested in their premium metallurgical coal.

.

Goldman Sachs issued a report stating their projection that coking coal prices will remain high. http://www.bloomberg.com/news/articles/2016-09-23/goldman-says-higher-coking-coal-prices-are-here-to-stay

Shares in big board metallurgical coal producers like BHP Billiton (NYSE: BHP), Consol Energy Inc. (NYSE: CNX), and Cloud Peak Energy Inc. (NYSE: CLP) have seen significant price increases in the past few weeks.

Additionally, Company attorney is drafting an SEC Form 8K to address the elimination of debt that was recently being converted into free trading shares.

New Colombia Resources' Blue Gem coal is only found on the KY-TN border and central Colombia and is used to produce specialty metals such as Silicone to make solar panels, electric car batteries, and many more next generation products. New Colombia Resources has concession contracts and applications totaling 5000 HA of high quality metallurgical coal that will always be needed to produce steel and other specialty metallurgy products. Blue Gem coal miners in Kentucky are shutting down operations due to over-regulation creating a supply void the Company intends to fill.

New Colombia Resource also has a joint venture manufacturing medical marijuana products and is in the process of creating sustainable hemp industries in Colombia. To view or purchase Sannabis products visit http://www.sannabis.co. Follow Sannabis on Facebook for photos and testimonials at https://www.facebook.com/sannabis.cannamedicinal

New Colombia Resources, Inc.

New Colombia Resources, Inc. is focused on the acquisition and development of high-quality metallurgical coal properties and other available resources in the Republic of Colombia. They expect to have several revenue producing businesses including; metallurgical coal mining and rock quarry aggregates for domestic Colombian highway and railroad building projects. The Company owns 100% of La Tabaquera metallurgical coal mine in Colombia with an estimated 15- 17 million tonnes of reserves. They have another pending acquisition for 390 ha and a solicitation contract for 184 ha metallurgical coal concession. New Colombia Resources also holds a significant position in Sannabis SAS which legally produces medical marijuana products in the Republic of Colombia, visit http://www.sannabis.co. For more information on the Company visit http://www.newcolombiaresources.com.

< Back

New Colombia Resources Meets with National Mining Agency (ANM) to Advance Approval for a Permit for Mining Operations to Generate Significant Revenue
ANM has already approved the Company's work permit for metallurgical coal as prices continue to surge up 300% this year

BARRANQUILLA, COLOMBIA -- (Marketwired) -- 10/26/16 -- New Colombia Resources, Inc. (OTC PINK: NEWC) ("New Colombia or the 'Company"), a Colombian company listed in the U.S. with premium metallurgical coal properties and medical marijuana operations, met with the Agencia Nacional de Mineria (ANM), at their request, to advance the expedition of a Work Permit to begin rock mining operations. The Company already has an approved Work Plan for coal mining, however, they're awaiting approval of the rock mining permit to begin operation on both rocks and coal. Metallurgical coal is the hottest commodity this year with surging prices over 300% this year. http://www.mining.com/chart-no-stopping-insane-coal-price-rally/

The ANM is encouraging New Colombia Resources to develop their operations as quickly as possible to advance the mining sector in Colombia. The decline in royalties from oil production has prompted the government to help companies like New Colombia Resources develop their properties to generate jobs and royalties while supplying the world market with the hottest commodity of 2016. The Agency is focused on encouraging direct foreign investment to Colombia's mining sector, they are referring international coal buyers to New Colombia Resources.

"We appreciate the ANM's willingness to help us as we're committed to bringing our mining operations into production creating significant value to our shareholders," commented John Campo, President of New Colombia Resources. The spot price of coking coal has skyrocketed this year from $70/tonne to over $ 245/tonne. Original plans are for output of 30,000 tonne/month, at today's spot price that would generate monthly revenue of over US$ 7,000,000.

New Colombia Resources' subsidiary, Compañía Minera San Jose Ltda. has entered into a US$ 200 Million Letter of Intent with Asian partners to develop a coal power plant in Guaduas next to their coal properties. The ANM will facilitate a meeting with the Minister of Energy, President of the ANM, and other high government officials when the Asian partners come to Colombia in the coming weeks.

The generation plant will create a local market for the Company's thermal coal as they export premium metallurgical coal. At the meeting with the ANM was Miguel Centanaro, New Colombia's logistic coordinator, who is rehabilitating rail projects to haul premium coking coal direct from the mine to the export terminals on the Caribbean coast. Mr. Centanaro is in talks with the largest investment bankers in the U.S. to the finance the project, which was featured in an article in the Business Year, https://www.thebusinessyear.com/colombia-2016/long-wide-rails/interview

New Colombia Resources filed an 8K yesterday with the Securities and Exchange Commission (SEC) disclosing the elimination of a debt that was being converted into free trading shares before the recent rise in stock price. Although the Company still has some relatively small debt on the books that they intend to eliminate, they do not feel it will have any impact on share price with current trading patterns. The Company is finalizing their 10K report to be submitted to the SEC that will provide more detail. The Company has not taken on any more convertible debt than is shown in their last 10K filed in 2015, much of this debt has been eliminated.

New Colombia Resources understands the importance of the upcoming U.S. election in the medical marijuana industry. The Company's joint venture, Sannabis, is a leader in medical marijuana products in Colombia and plans to dominate in specific sectors in the U.S. Major developments in medical marijuana will be announced leading up to and beyond the elections.

To view or purchase Sannabis products visit www.sannabis.co. Follow Sannabis on Facebook for photos and testimonials at https://www.facebook.com/sannabis.cannamedicinal

the 2011 survey was actually over 16.9 million tons, so don't know why PR says 15-17M
metallurgical coking coal rose from 70 to ca 210 as per an independent article I posted
coking coal was valued at 9/ton in ground- a major factor in what a company might pay to buy the concession now that all permits except a soon pending env permit have been approved.

Can't find an updated in ground price-below I estimated very conservatively based on price increases for coal that the 2011 appraisal of ca 50 million would, due to said price increases,probably be a minimum of 75 million now -

but in 2011,when the 50 million est was made the work plan had not even been formed let alone approved -was approved Dec 2013 and env permit has been in process since then- NEWC addressed the last known govt change to aggregate operations and said change has been under formal review by the govt-instead of 1 big pit to utilize 2 separate permits for the protection of a stream-since NEWC responded via a scientific and geological professional company due to the desired changes it is likely NEWC's modifications will be approved- wouldnt be under formal review if the govt agency saw any glaring deficiencies-so this final permit for aggregate /coal operations could be 1 of the new developments to be PR'd soon.

Permits greatly increase value of a mine since the substantial scientific reports necessary to obtain permits are expensive and the land use planning process typically takes many years etc. Some mining co's now claim the process often takes 15 years in the USA(1 PR said an average of 15 years!)
One mining co I modded on another site-RVM- had a 12 year battle for 1 concession and was still working on it when Hecla bought them out.

So my conservative value of 22c/share for in ground value of coal below does not even take into to account these factors-
1) the added value of the permits
2)plus additional optioned concessions
3)full value of tripling of met coal price
4) also they added aggregate operations to the work plan and that value is not included in the 22c estimate either-1 highway under construction or soon to be-Opti has been there and would know more- -Ruta del Sol?- is only ca 11km from the mine
5) Med mj JV
6)Orphan drug application

as long as coal prices stay high in ground coal should be worth 100 million especially w additional concessions mentioned by website and PR's-if so in ground coal alone would set a value of .294 pps-your estimate($100M divided by 340M OS)

its anybodies guess how much value the additional 5 factors above might add- but since the trading has essentially ignored the mining value I would say most here consider the med mj and orphan application to be worth much more than value of in ground coal-so maybe 1 dollar pps as some have mentioned?

Though this is currently obviously trading on the med mj and upcoming orphan drug designation just want to remind that this has other revenue streams also which alone support a much higher value now that the co has apparently turned the corner.

so the following was my original prognostications:

A 2011 preliminary study noted on website indicated in situ value of thermal coal was 3 dollars/unit,coking coal was 9 dollars/unit- then placing in situ value of just under 50 million dollars(over 49 million)- this apparently does not include additional concessions being acquired since then
Coal,esp coking coal- rose significantly recently-from 70-210 due to China reducing domestic production etc
haven't found current in situ prices but based on such rise in situ for coking coal logically would be 3x larger

Also have blue gem coal "used to produce specialty metals such as Silicone to make solar panels, electric car batteries, and many more next generation products"

PR says est 15-17 million tons coal-2011 study said over 16.9 million tons-of coking and thermal and blue gem coals
My own conservative estimate of in situ(in ground) prices of ca 75 million and 340M OS alone would be a value of 22c/share- not counting the aggregate or the med mj

pps was decimated by toxic conversion resulting from years of typical land use planning delays but now that it seems evident the co has turned the corner and will not join the mining graveyard,the pps is greatly undervalued and has not taken these things into consideration
also what is the discounted future value of $6M/month in mining revenues-just saying the market/players here dont even know about these things-trading currently is based solely on med mj and orphan drug


bracketed material is mine:

from the 9-27 PR

Plans are to begin immediately crushing rocks to generate revenue[once final permit expected shortly is approved]. In 2014 the Company purchased a rock crushing plant with a 1000 m3/day capacity that will begin to generate revenue immediately. To see a financial model of the gravel operation, click here https://drive.google.com/open?id=0BxSKP5j2FlseOFE5TVdReGRCUUE

New Colombia Resources expects to partner with a major corporation to begin mining high quality metallurgical coal, however, the cash flow from the gravel operations will allow them to begin coal mining operations on their own.

The spot price of coking coal has skyrocketed this year from $70/tonne to over $ 200/tonne because of China's new policy to decrease production and other factors. Although the company director, Erasmo Almanza, entered into a US$ 200 Million LOI with an Asian firm, New Colombia Resources has been meeting with other major Asian conglomerates and soliciting steel mills to get the best deal possible to begin a sizable metallurgical coal mining operation. Original plans are for output of 30,000 tonne/month, at today's spot price that would produce monthly revenue of over $ 6,000,000.

Goldman Sachs issued a report last week stating their projection that coking coal prices will remain high. http://www.bloomberg.com/news/articles/2016-09-23/goldman-says-higher-coking-coal-prices-are-here-to-stay

Shares in big board metallurgical coal producers like BHP Billiton, Consol Energy Inc., and Cloud Peak Energy Inc. have seen significant price increases in the past few weeks.

The Peace Treaty signed yesterday in Cartagena between Colombia and the FARC will make generating interest for investment in Colombia much easier. New Colombia Resource also has a joint venture manufacturing medical marijuana products and is in the process of creating sustainable hemp industries in Colombia. To view or purchase Sannabis products visit www.sannabis.co. Follow Sannabis on Facebook for photos and testimonials at https://www.facebook.com/sannabis.cannamedicinal

New Colombia Resources is making strong efforts to retire debt that is being converted into free trading shares causing pressure to the company's stock price, although the Company believes this creates an attractive entry to point for investors.

New Colombia Resources' Blue Gem coal is only found on the KY-TN border and central Colombia and is used to produce specialty metals such as Silicone to make solar panels, electric car batteries, and many more next generation products. New Colombia Resources has concession contracts and applications totaling 5000 HA of high quality metallurgical coal that will always be needed to produce steel and other specialty metallurgy products. Blue Gem coal miners in Kentucky are shutting down operations due to over-regulation creating a supply void the Company intends to fill.


New Colombia Resources Inc Details Marketing Campaign to Run Commercials on Major Networks to Sell Cannabis Based Products from Colombia to the U.S. Hispanic and Latin American Markets

BARRANQUILLA, Colombia, October 27, 2016 /PRNewswire/ --

Company to run commercials on major networks including FOX, Universal, and ESPN.

New Colombia Resources, Inc. (NEWC) ("New Colombia or the Company"), a U.S. listed Colombian company with natural resource assets in Colombia, is pleased to detail initial marketing plans to introduce their 100% organic, all natural medical marijuana products to the $ 1.5 Trillion U.S. Hispanic and Latin American Markets. Company contacts in the infomercial industry allow for a massive international campaign at the best rates possible for production and airtime.

New Colombia Resources' President will be in Miami next week implementing the campaign to begin marketing products immediately to be in a dominant positon come January. The Company will bring on board well known and respected Latin American and U.S. sports stars to help market their products.

Doral Studios Inc. d/b/a RC Television Production has been producing English and Spanish speaking commercials, infomercials, music videos, and political campaign ads for over 15 years. They have a state of the art production studio in Doral, FL where they have produced the most successful Spanish language infomercials on the air in the U.S. and Latin America. RC Television handles every aspect of an infomercial including: concept, logo, animation, graphics, passive and aggressive CTA (Call to Action), and high definition production. They work with focus groups to determine the direction of the product or idea. To view Doral Studios demos visit http://www.youtube.com/results?search_query=doral+studios

The initial marketing campaign for their all natural cannabis products will be handled in two phases.

Phase 1

Create a campaign by social expectation with short and direct videos that can be strengthened by 20 or 30 second Television commercials and disseminated by region.
Initiate a series of video interviews of reputable professionals to confirm that this movement is one of the best natural alternatives for different types of ailments.
Hit the streets to tape surveys and interviews with patients interested in alternative medicine.

For this campaign Doral Studios, will put in play an exclusive channel that is interactive with social media that gives immediate presence and creates micro reports which will be valuable in the future.

Phase 2

Develop a campaign of 120 second commercials and broadcast to Latin American television media networks that reach 12 countries and is more economical compared to local networks. These networks include Universal and Studio Universal, owned by Comcast Corporation (NASDAQ: CMCSA) and Fox, FX, Mundo Fox, and Fox Life owned by 21st Century Fox (NASDAQ: FOXA) among others. Doral Studios maintains strong contracts in the Direct Response industry that are available to New Colombia Resources.
Create a digital magazine that supports both campaigns with informational articles to maintain the commercials mainstream.
Develop programs for Radio and Internet broadcast

Doral Studios provides infinite alternatives to guarantee a successful campaign and the creative means to achieve them. Doral Studios has a radio channel and on-line TV channel they can activate and operate directly from their state of the art studio in Miami and develop micro interviews that will be useful for understanding Cannabis products.

Rafael Campo, Owner of Doral Studios, has long standing relationships with the biggest Spanish language broadcasters in the world and works with telemarketing associates to handle incoming calls. New Colombia Resources' President, John Campo, and Rafael Campo are related.

According to published reports, the U.S. Hispanic buying power is over $ 1.5 Trillion and spends the most on consumer goods over other multi-cultural segments. "We feel our target audience will accept our "Made in Colombia" products over other cannabis products of inferior quality," stated John Campo, President of New Colombia Resources, Inc.

Products the company plans to advertise to the Hispanic market include their all natural pain relief cream http://www.sannabis.co/_p/prd2/2838276511/product/pomada-caliente made with the following all natural active ingredients...

Bees Wax
Eucalyptus
Pine
Nettle
Castor Bean
Tabaco
Cannabis Sativa Flower (5 grams)

Additionally, New Colombia Resources will be giving an update on their cannabis based Orphan Drug Designation application with the FDA very soon.

To view or purchase cannabis based products from the Company's medical marijuana joint venture in Colombia, Sannabis, visit http://www.sannabis.co. Follow Sannabis on Facebook for photos and testimonials at http


microcaps1 Friday, 05/01/15 10:47:28 AM Re: None http://newtothestreet.tv/new-to-the-street-announces-upcoming-interviews-new-clients-new-networks-a-new-set
Re: Opti Mist post# 7417 Post # of 7617

''So, the permit application is real, the January 19, 2015 response from the agency requesting additional information on the environmental study was given to the agency (as we have seen posted) and is being worked on. Once that information request is satisfied the permit application will be sent to the legal department for appropriate action.'' 'Note: this was a very timely response from the Colombian environmental agency. It would indicate to me this permit is a high priority for issuance. Very positive news.' Very timely-in the USA agencies often defacto gut the Freedom of Info Act by requiring a a large bribe price to get any info or simply refer you to the company.



Permits greatly increase the value of the mine to possible investors-who prefer somebody else do the work to get the permits before they invest or JV etc.
This is the last permit before operations. The MPO has already been approved approved. Plus the aggregate,for which they reported they already had the major equipment ready to go, would be produced first to provide capital to grow mining operations.

Since this is apparently already a coal mining district and unemployment is a traditional problem,it does not seem that there would be any major roadblocks in finishing the socialization- environmental permit process begun April 2014. Hopefully the socialization site visit after May 1-see 10k- will speed things up.

NEWC mine in yellow and orange rectangles-see posts and the website. Nearby mine/coal seam in orange- http://www.newcolombiaresources.com/

The river goes thru part of the concession-which is why -as the river is apparently being or has been dredged-would be used to transport coal for export etc to the USA etc where its increasingly difficult to produce coal due to political and environmental considerations,a situation which now includes China,where China's legendary poisonous smog impacts the health of 100's of millions-so China heavily imports coal to such an extent that shipping rates are sometimes heavily impacted. A few years ago China shut down coal mines due to a major accident and the consequent increase in imports impacted worldwide shipping. Plus they will use the newly built or rebuilt Ruta del Sol road ca 1.6 miles away,connecting to a highway not far away to transport internally.

post 7617:
About Guaduas, Colombia Our first mining acquisition is [near] the town of Guaduas, Colombia. NEWC will become a responsible neighbor in Guaduas. The company will sponsor health centers, schools, and many other causes when needed. Under Colombian law, mining companies are required to donate for social benefit. Mr. Erasmo Almanza, shareholder, has strong ties to the community and expects NEWC to have the full faith and support of the Town of Guaduas. Guaduas is a municipality of 35,000 people with excellent electrical and water supply and an ample workforce. For more information on Guaduas, click. http://translate.google.com.co/translate?u=http://www.guaduas-cundinamarca.gov.co&hl=es&ie=UTF-8&sl=es&tl=en New Colombia Resources, Inc. (NEWC.PK), through its wholly owned subsidiary, will acquire, explore and develop coal mining concessions in Colombia. Our first acquisition, La Tabaquera Concession Contract No. ILE-09551 (“The Concession”) granted for the Exploration and Exploitation of a Carbon Mineral and other Grantable Mineral Deposits by the Colombian Institute of Geology and Mining (INGEOMINAS), will allow us to enter the growing Colombian coal mining industry. We will implement new US mining technologies to provide innovative approaches to geological engineering, and clean coal mining in Colombia. ... The Company was notified by the CAR, that, after May 1, 2015, the CAR will visit the work zone for socialization of the mining project with the community. ..." http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10656872


They are focusing on the La Tabaquera coal and rock project (the “Project”) located in the Municipality of Guaduas, approximately 100 kilometers northwest of Bogota. This Project’s haul roads are easily accessible either by National Highway I-50 or the new Ruta del Sol. The property is within 50 Km of the Magdalena River, providing easy transport to terminals in Barranquilla, Santa Marta or Cartagena for export. The Magdalena River is being dredged to allow cargo from La Dorada which in close proximity to their mine. During 2014, they purchased a rock crushing plant with a capacity to process over 100 m3/hour of aggregates which is expected to be operating in 2015. Demand is strong for building material in Colombia since many illegal mines have been closed as new construction and infrastructure projects come online. The construction industry in Colombia grew 10% in 2014. An “Estimate of Probable Reserves and Grantable Potential of Coal at La Tabaquera Mine” report was prepared on behalf of New Colombia in September 2011. The report estimated reserves for La Tabaquera Project of 13,073,935 cubic meters for a total of 16,996,116 tons of bituminous coal (non JORC compliant), with 70% being metallurgical hard coking coal and 30% thermal coal.

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?

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