Continental Gold Inc. (fka CGOOF)

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Continental Gold Ltd.

TICKER: CNL:TSX; CGOOF:OTCQX

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Continental Gold Ltd. is a Colombian-focused mining company with aggressive exploration and pre-development activities underway at its high-grade flagship gold project, Buriticá. Extensive exploration is also being carried out at the company's highly prospective Berlin and … read more



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The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

Jamie Spratt, Clarus Securities (8/8/12) "We highlight five projects and companies which combine world-class grades with small-scale capex and relatively low cash costs. . .[one is] Continental Gold Ltd., which has a 100% interest in the high-grade Buritica project with overall resource grade of 12.2 g/t Au (plus Ag and Zn credits). The initial capex is expected to be in the $300M range with annual production of 200+ Koz/year. . .Clarus' conceptual cash cost estimates is <$500/oz; the company has $70 M in cash and no debt."

Christopher Skidmore, Beat the Market (7/25/12) "Continental Gold Ltd. is the cream of the crop that South America has to offer. . .the company has hit some impressive intersections outside of the resource model; 3m at 162.7 g/t Au and 41 g/t Ag. In early June the company announced another impressive stepout hole demonstrating that huge potential for the resource model to grow to well over 10 Moz gold with 4.5m intersection at 20.3 g/t Au and 102 g/t Ag that extended the total depth of the system to 1,300m, 650m below the deepest point of the current resource model."

The Gold Report Interview with Brent Cook (6/27/12) "Colombia is a well-endowed gold province. . .Continental Gold Ltd. has made a great discovery [there]." More >

Ron Stewart, Dundee Securities (6/4/12) "Continental Gold Ltd. released an update of its ongoing exploration activity at the 100%-owned Buritica project in Colombia; the highlight headline came from BUSY-258 that returned a high grade intercept of 4.5m at 20.3 g/t gold and 102 g/t silver 500m. . .this step out provides further support to our opinion that Buritica has the potential to host a gold resource of 5 to 10 Moz gold. . .it is our opinion that Continental Gold's Buritica project is one of the premier gold exploration projects in the world today held by a pure exploration company."

Jamie Spratt, Clarus Securities (6/4/12) "Continental Gold Ltd. released positive results for nine drill holes from the ongoing 60,000m program at its 3.1 Moz Buritica project in Colombia. . .the company hit the deepest intercept to date at Yaragua, extending the depth of the system to 1,300m. . .drill results at both Yaragua and Veta Sur continue to confirm our thesis of significant resource growth potential at Buritica, suggesting that our target resource level of 6 Moz may now be conservative. . .with $77M in cash, Continental Gold is well funded to execute its near-term exploration and development milestones. . .we maintain a Speculative Buy rating."