First Colombia Gold Corp (FCGD)

[powerstroke212]

Im not ready to sale just yet but losing faith quickly..

My issues with it..

Weak coal market

Fcgd new comer to the game..

At top dollar only $8 to $10 per ton profit for revenue..pay roll, taxes ect..

In 2016 the coal was only $38 to 40 per ton the market isnt any better now than then..so could be walking into a loss right off the bat..but with fcgd being a new coal company with there background i think it will be hard for them to get top dollar for there coal which could stop them from getting contracts and any type of backing for ruff times

But i still hope for the short lived run it may do if they can pull it off..