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Yeah - Nice eh ?.....Sounds a bit like Victoria Gold and/or maybe
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152574713
$ 5.390.52 | 10.68%Bid: 5.38 x 3400Ask: 5.39 x 1900Volume: 21,713,230
CADTORONTO STOCK EXCHANGEDELAYED PRICEMARKET CLOSEDDECEMBER 2, 2019 4:56 PMEST
CNL an exploration company with no production yet compare to ex.
Gran Colombia Gold Corp.
Zijin Mining to Acquire Continental Gold in Friendly, All-Cash Offer for C$1.4 billion
T.CNL | 6 hours ago
Canada NewsWire
TORONTO and FUJIAN, China, Dec. 2, 2019
TORONTO and FUJIAN, China, Dec. 2, 2019 /CNW/ -
Zijin Mining Group Co., Ltd. ("Zijin") (SSE:601899; SEHK:2899) and Continental Gold Inc. ("Continental") (TSX:CNL; OTCQX:CGOOF) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement"), pursuant to which Zijin has agreed to acquire all of the outstanding shares of Continental (the "Transaction") at a price of C$5.50 per share (the "Offer Price") in cash and all outstanding securities convertible into such common shares will also be acquired on the same basis. The total equity value pursuant to the Transaction is approximately C$1.4 billion on a fully diluted basis. The Offer Price represents a premium of 29% over Continental's 20-day volume-weighted average price ("VWAP") as at November 29, 2019 on the Toronto Stock Exchange ("TSX").
image:
Continental Gold (CNW Group/Continental Gold Inc.)
Newmont Goldcorp Corporation ("Newmont") and directors and officers of Continental collectively holding approximately 21.5% of the outstanding Continental common shares have entered into voting support agreements to support the Transaction.
Ari Sussman, CEO and a Director of Continental, stated:
"The all-cash offer at a significant premium to market is an excellent outcome for our shareholders and is a testament to the extraordinary effort of the Continental team and its stakeholders in pioneering a new and modern gold industry in Colombia. In the span of a decade, Continental has transformed the Buritic project from a grassroots discovery into one of the world's largest and highest-grade gold projects. With production on the horizon in 2020, the timing is right for Continental to sell to a more experienced mine operator and therefore Continental's Board of Directors recommends that shareholders vote in favour of the Transaction. Zijin is one of the world's fastest growing mining companies and boasts an impressive track record of successful international acquisitions and operations. Most importantly, Zijin shares common principles with Continental on what defines modern mining and, as a result, will continue to operate in a safe, transparent and inclusive manner with the employees of the Company and external stakeholders."
Chen Jinghe, Chairman of Zijin, stated:
"Continental's 100%-owned Buritic project in Antioquia, Colombia is one of the largest and highest-grade gold projects in the world and represents a highly complementary addition to Zijin's international asset portfolio. The Buritic project is expected to produce approximately 250k ounces of gold per annum on average over a 14-year mine life at LOM all-in sustaining cost of ~US$600 per ounce. We believe the sizeable, high-grade mineral resource of 16.02 Mt at an average gold grade of 10.32 g/t (being a measured resource of 1.40 Mt with a gold grade of 13.70 g/t and an indicated resource of 14.62 Mt with a gold grade of 10.00 g/t) presents excellent opportunities to expand production and extend mine life. Continental has successfully advanced and substantially de-risked the Buritic project with commercial production now clearly in sight and first gold pour expected in the first half of 2020. Continental also holds a sizeable and highly prospective land package in Colombia that, combined with the Buritic project, provides Zijin with the leading position in an emerging world-class gold producing region."
"We have been greatly impressed by Continental's focus on safe, efficient and sustainable mining practices which closely align with Zijin's approach to mining and development operations. Zijin is conscious of the demonstrated responsibility of Continental's operation towards the well-being of the local communities and the responsible management of environmental aspects of its operation. Zijin commits to continuing with a similar approach, focus and investment in that regard. Zijin will practice in all its operations with the same commitment of Continental towards transparency and ethics and will continue to operate in a highly responsible manner in Buritic, Antioquia and Colombia more broadly. We look forward to working closely with stakeholders and local communities in Colombia to deliver a world-class operation that will benefit the regional economy."
Benefits to Continental Shareholders
Immediate and significant premium of approximately 29% to the 20-day VWAP on the TSX
All-cash offer that is not subject to a financing condition
Strong deal certainty with voting support agreements entered into with the directors and senior officers of Continental and with Newmont, Continental's largest shareholder, representing a total of approximately 21.5% of the Continental shares
Removes future dilution, commodity, construction and execution risk
Transaction Summary
The Transaction will be completed pursuant to a Plan of Arrangement under the Business Corporations Act (Ontario). The Transaction will be subject to the approval of at least 66-% of the votes cast by shareholders and more than 50% of the votes cast by disinterested shareholders at a special meeting of Continental shareholders expected to be held in January 2020. In addition to shareholder approval, the Transaction is also subject to the receipt of certain regulatory, court and stock exchange approvals and other closing conditions customary in transactions of this nature.
The Arrangement Agreement includes, among other things, a non-solicitation covenant on the part of Continental (subject to customary fiduciary out provisions) and a right for Zijin to match any competing offer that constitutes a superior proposal. Under certain circumstances, Zijin would be entitled to a US$35 million termination fee and Continental would be entitled to a US$35 million reverse termination fee or may require Zijin to purchase US$35 million of Continental shares at the Offer Price.
Continental Interim Financing
In connection with the Transaction, Zijin has agreed to provide Continental with US$50 million by subscribing for convertible debentures (the "Zijin Debentures"), subject to regulatory approval. The term of the Zijin Debentures will be 5 years with a 5% interest rate, payable semi-annually in arrears. The Zijin Debentures will be convertible at the holder's option into common shares of Continental at a conversion price equal to C$4.50 per share, subject to adjustment. The Company has also terminated the binding option on a financing offer for shares on a private placement basis, which was initially announced on November 14, 2019. In connection with the Transaction, Continental has given notice to redeem US$25 million of its currently outstanding convertible debentures.
Zijin intends to set up an Ontario acquisition entity for this transaction which will be held by a Hong Kong holding subsidiary of Zijin formed with certain strategic investors who are willing to jointly invest with Zijin in Continental.
Continental Board of Directors Recommendations
The Transaction has been unanimously approved by the board of directors of Continental following the unanimous recommendation of a special committee of independent directors of Continental (the "Special Committee"). Maxit Capital LP has provided an opinion to the Continental board of directors and Cormark Securities Inc. has provided an opinion to the Special Committee, respectively, stating that, based upon and subject to the assumptions, limitations and qualifications set forth therein, the consideration offered to the Continental shareholders pursuant to the Transaction is fair, from a financial point of view, to the Continental shareholders.
Timing
Full details of the Transaction will be included in Continental's management information circular, which is expected to be mailed to shareholders in December 2019 with the shareholders meeting expected to take place in January 2020. Shareholders are urged to read the information circular once available as it will contain additional important information concerning the Transaction. The Arrangement Agreement will also be filed on SEDAR.
Advisors and Counsel
Credit Suisse is acting as financial advisor to Zijin and McCarthy Ttrault LLP is acting as Zijin's legal counsel.
Maxit Capital LP is acting as financial advisor to Continental. Cassels Brock & Blackwell LLP is acting as legal counsel to Continental and Fasken Martineau DuMoulin LLP is acting as legal counsel to the Special Committee. Cormark Securities Inc. is acting as financial advisor to the Special Committee.
About Continental
Continental is the leading large-scale gold mining company in Colombia and is presently developing its 100% owned Buritic project in Antioquia. Buritic is one of the largest and highest-grade gold projects in the world and is being advanced utilizing best practices for mine construction, environmental care and community inclusion. Led by an international management team with a successful record of discovering, financing and developing large high-grade gold deposits in Latin America, the Buritic project is on schedule with mechanical completion anticipated during the first quarter of 2020. Additional details on Continental's suite of gold exploration properties are also available at www.continentalgold.com.
The scientific and technical information in this press release has been reviewed and approved by Donald Gray, Chief Operating Officer of Continental, who is a qualified person as defined under National Instrument 43-101 ("NI 43-101"). For information on the Buritic project, please refer to the technical report, prepared in accordance with NI 43-101, entitled ""NI 43101 Buritic Mineral Resource 201901, Antioquia, Colombia" and dated March 18, 2019 with an effective date of January 30, 2019, which is available on SEDAR at www.sedar.com and at www.continentalgold.com.
About Zijin
Formed in 1993, Zijin is based in Fujian, China and is a leading global mining company specializing in gold, copper, zinc and other mineral resource exploration and development. It manages an extensive portfolio, primarily consisting of gold, copper, zinc, and other metals through investments in China and overseas across nine countries. Listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, as of November 29, 2019 Zijin has a current market capitalization of approximately US$12.13 billion.
Forward-Looking Statements
This news release contains or refers to forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). Certain information contained in this news release constitutes "forward-looking information" under Canadian securities legislation including statements with respect to the benefits of the Transaction to Continental shareholders, the anticipated meeting date and mailing of the information circular in respect of the meeting, timing for completion of the Transaction and receiving the required regulatory and court approvals, Continental's production horizon, expectations regarding how Zijin will continue operations and benefit the region, advancing the Buritic project including timing of first gold pour and mechanical completion, the economic effect of the mine, and future plans and objectives of Continental and Zijin. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects", "believes", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Continental and/or Zijin to be materially different from those expressed by such forward-looking statements or forward-looking information, including the business of the respective company, the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks, and delay, inability to complete the interim financing or failure to receive regulatory approvals. Although management of Continental and Zijin have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Neither Continental nor Zijin undertake to update any forward-looking statements or forward-looking information that are contained or incorporated by reference herein, except as required by applicable securities laws. The information contained in this news release is not investment or financial product advice.
image: https://mma.prnewswire.com/media/1037959/Continental_Gold_Inc__Zijin_Mining_to_Acquire_Continental_Gold_i.jpg
image: https://mma.prnewswire.com/media/1037959/Continental_Gold_Inc__Zijin_Mining_to_Acquire_Continental_Gold_i.jpg
Zijin (CNW Group/Continental Gold Inc.)
SOURCE Continental Gold Inc.
Read more at https://stockhouse.com/companies/bullboard?symbol=t.gcm&postid=30414674#Lbio0vWsx3qsgjZ2.99
Commodities springing to life however are quite likely just simply a reflection of the Dollar DXY, etc.
.
Another (and probably even BETTER example) =
CNL also ?.......Like, yup !.....Thar she blows !.....Spiked rapidly up to a bit of Resistance....
A couple months earlier....* Should'a jumped into THIS ONE !......Upon YOUR old recco !
And 18 days later (compare this chart here with it's top one above)
To see that the trend line break's 5 or so years old !
Anyways, guess one's just gotta keep praying for a continued collapse of the Dollar !
Kinda doubt that'll actually happen tho.....You ?
Hey, how come you've stopped posting ?.....You feeling alright ?
Added a bit more today. If Gold price is like this or higher may next year when this starts up. We will be seeing multiple of todays price
The FARC Re-emerges in Colombia ???
https://www.youtube.com/watch?v=v8qIsaVn8wA
Colombia: Former FARC leader Jesus Santrich released from prison, again ???
https://www.youtube.com/watch?v=NO_ZKzDBLSo
Update from TD Securities @ May 16th
Continental Gold Inc.
(CNL-T) C$2.66
New BMZ4 Drill Results; Updated Mine Plan in H2/19
Event This morning, Continental Gold reported high-grade results from the initial 12 holes drilled into BMZ4, a new discovery located in the eastern-most part of the Yaraguá system, at its Buritica gold project (100%) in Colombia. First gold pour is expected by the company in H1/20.
Impact: SLIGHTLY POSITIVE
¦ Highlights: BUSY407 — 10.17 g/t Au over 12.3m; BUSY409 — 7.03 g/t Au over 15.5m; and BUSY411 — 18.69 g/t Au over 5.65m
¦ BMZ4, which is located approximately 60 metres east of BMZ2 in the eastern portion of the Yaraguá system, has been intersected by drilling for more than 200 vertical metres and measures between 25–45 metres in thickness.
¦ BMZ4 remains open at depth with extension drilling currently underway. Three diamond drill rigs are actively turning on this new discovery.
¦ The company's 2019 drilling focus is to define the broad mineralized zones identified to date ahead of planned production in 2020. Recall, the company plans to drill up to 73.5 km (55 km of capitalized definition drilling and 18.5 km of infill drilling) in 2019.
¦ In terms of its critical path, Buritica is approximately 57% complete (as at March 31). Underground development continues to advance ahead of schedule (3.4 km remaining) and is ~76% complete (55% as at December 31).
¦ As a reminder, on January 30, the company released an updated resource estimate, which, in our view, revealed strong growth in overall resources to more than 11 Moz at 9.3 g/t (M&I: 5.3 Moz at 10.3 g/t).
¦ The updated resource outlined significant tonnage within the BMZs, equivalent to more than two years of mining, which we believe may mitigate ramp-up and mining rate risk that is a significant issue for narrow vein gold systems such as Buritica.
¦ An updated reserve estimate and mine plan are expected from the company in late 2019 (reserves currently stand at 3.7 Moz at 8.4 g/t). TD Investment Conclusion We believe that Buritica stands as one of the largest and highest grade, independently owned, in-construction gold projects in the world. We expect the stock to re-rate progressively higher as the company continues to advance the project.
Recommendation: SPEC BUY
Risk: SPECULATIVE 12-Month
Target Price: C$5.00
12-Month Dividend (Est.): C$0.00
12-Month Total Return: 88.0%
Details
February 2016 FS - Updated as per Recent Company Presentation
? At $1,267/oz Au, the NAV5% of the project is estimated at $855mm and the after-tax IRR at 27%, which we regard as robust.
? Production is forecast at 253 koz/year (282 koz/year over the first five years) at AISC of $600/oz. Pre-production capital expenditures are estimated at $512mm.
Balance Sheet
? As at March 31, the company had ~$185mm of available liquidity (consisting of ~$85mm of cash and $100mm from the Streaming Agreement).
Outlook
We have updated our model to reflect the Q1/19 financial results. Net of these and other minor changes, our corporate NAV5% increases to C$4.65/share (from C$4.50/share).
Valuation
We calculate that Continental is currently trading at 0.57x our corporate NAV5%. This is below its closest peer, Lundin Gold (LUG-T), which is trading at 0.80x NAV5%.
Exhibit 2. P/NAV Comparison
Justification of Target Price
We generate our target price by applying a 1.1x multiple to our corporate NAV5%, calculated at a long-term gold price of $1,300/oz. We believe that our multiple is reasonable for what we characterize as one of the largest and highest grade, independently owned, in-construction gold projects in the world.
Key Risks to Target Price Key risks to target price include: Gold, silver, and fuel price risks; foreign exchange rate risk; forecasting risk relating to deposit size; financial and market risks; technical risk; risk related to the cost and availability of financing; capital and operating cost risks; timing risk; political risk, including risks related to indigenous people; permitting risk; environmental risk, including earthquake and landslide risks; title risk and risks related to the acquisition of surface rights; illegal mining risk; and staffing and key personnel retention risks.
Source: TD Securities Inc.
18 sessions later :
ha, why I don't even know whether cnl is a producer yet or w.h.y.
oh - Here's some co. history written in 2013 !
http://www.mining.com/continental-gold-ceo-ari-sussmans-secret-sauce-18800/
Lotsa similar numbers btwn 'em but the aisc is so diff
KNT at 550 AISC ? https://www.k92mining.com/2019/05/k92-mining-releases-2019-q1-financial-results/
AGB 840
http://www.atlanticgoldcorporation.com/_resources/news/nr_2019_05_13.pdf
I was gonna load after I saw the golden cross, but didn't. Still early enough that there should be a good pop coming.
Wow - Will ya' look at Continental !
Why, she COULD kick ass...'cuz if can she handle this crossover in a flamboyant manner ?.....
Why then, she would/could also break out of her overhead "trend line" which'd propel it to oh let's say $ 5.oo bucks at a minimum ?
The gap (see bottom chart) is perhaps almost indicating, that it's on the verge of perhaps doing just that.
Might not be a good idea to wait around for athe/a (I suspect that it's come "close enuf" to its' full-filling.
Still wish its' board were receiving I-Hubs' Toronto's feed tho
Any way that we could make it (them) switch it on over ?
Added entry today @1.75.
Seems like a great long term play once the mine gets up to planned production next year and there isn't any more security issues
What's not to like ?.....Well ?
A couple of things maybe....
It's CHART'S not too compelling
Plus I-Hub's all screwed up
The reason it is, is because it uses :TO
Should read tsx:CNL
But, other than that ?
I think their numbers sound terrific . . . . .
Although, unless one's a Geologist, how would one KNOW ?
Added a few more CGOOF at 2.23 this morning...
I'm in, and will be looking to buy more. This is the number two stock in the junior mining sector in regard to risk/reward right now IMO.
I'm in and will be looking to add more. This is the #2 junior miner around in my book. Great upside potential.
Grabbed a starter here today. Let's get the board more active!
Continental Gold secures US$175mn for Colombia project
By Press Release
Friday, March 15, 2019
Continental Gold secures US$175mn for Colombia project
Source:Continental Gold
Related News
Junior exploration roundup: Continental, Regulus, Coro Mining, Mirasol
Continental Gold's operations attacked again in Colombia
PRESS RELEASE
Toronto, Ontario, March 15, 2019 Continental Gold Inc. (TSX:CNL;
OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce
that it has obtained a US$175 million financing package (collectively,
the "Financing Package") consisting of
(i) US$75 million of unsecured convertible debentures ("the
Debentures") being issued to certain investors,
including a US$50 million Debenture from Newmont Mining Corporation
("Newmont"), and
(ii) a US$100 million gold and silver stream (the "Stream") from
Triple Flag Mining Finance Bermuda Ltd.
("Triple Flag"). Proceeds from the Financing Package will be used for general and working capital purposes and toward construction, commissioning and start-up of the Company's Buriticá Project located in Antioquia, Colombia. The Company has also agreed with RK Mine Finance to make certain amendments to its existing credit agreement in respect of the security documents in connection with the Stream.
Note. Market Cap: $545,607,028 -
https://www.bnamericas.com/en/news/miningandmetals/continental-gold-secures-us175mn-for-colombia-project/
Compare vs. to:
Gran Colombia Produced 218,001 Ounces of Gold in 2018 - Mike Davies
Cambridge House International Inc.
Published on Jan 27, 2019
Gran Colombia Produced 218,001 Ounces of Gold in 2018 - Mike Davies
Cambridge House International Inc.
Published on Jan 27, 2019
Continental reports incorrect numbers?
Mike Hocking says that the latest numbers in Continental Gold do not add up.
Read more at:
www.miningfeeds.com/2014/11/27/scotias-mike-hocking-calls-out-continental-gold-with-bad-math
PEA Beats on Almost All Metrics
Here's some recent analysis from Daniel Earle:
Continental Gold released the results of the much-anticipated Preliminary Economic Assessment (PEA) for its Buriticá gold project (100%) last night.
The PEA represents the first engineering/economic study for the multi-million ounce, high grade, gold project and is a major milestone in its ongoing advancement, in Daniel Earle's view
The study details what Daniel Earle views as a robust gold project at current gold prices, with almost all of the key metrics beating his expectations
Daniel Earle had forecasted a mine plan of 4.5 Moz at 7.5 g/t producing 242 koz at US$625/oz cash costs – the study came in at 4.8 Moz at 7.8 g/t with annual production of 265 koz at US431/oz cash costs, with the higher production coming from the combination of higher grades and throughput
At a gold price of US$1,200/oz, the PEA calculated an after-tax project NPV5% of US$1,080mm and a corresponding after-tax IRR of 31.5%. This was significantly ahead of Daniel Earle's calculated project NAV5% of US$680mm (calculated at US$1,250/oz)
Daniel Earle has raised his target price to $7.00 (from $6.00); he is maintaining his SPECULATIVE BUY recommendation
Thank you, Robby. This is all good news. Please release the PEA when it is released in the next few weeks.
Getting Real at Buritica
Some recent analytics from Daniel Earle:
There is significant upside relative to Daniel Earle's estimates for the PEA due in the next couple of weeks.
This comes at a convenient time, in his view, as CNL has underperformed during the recent correction in the sector without the support of an economic study to underpin its fundamental valuation.
The company released cross-cut and drifting results that positively surprised versus the resource, in Daniel Earle's view, suggesting greater potential for greater bulk mining and increasing head grade.
Daniel Earle believe these results were supported by his observation of a number of minor vein/veinlet orientations and zones of brecciation that are not captured in the current resource model around the primary veins, which account for 70% of resources – other areas were less impressive.
The company expects to finish the year with US$65mm of cash and for spending to decline dramatically next year, with major pre-construction expenditures essentially complete – next year it expects to update its resources and possibly its PEA in Q2/15E and complete permitting Q3/15E.
Daniel Earle calculates that Continental is currently trading at 0.27x his corporate NAV5% and he maintains the SPECULATIVE BUY recommendation and $6.00 target price.
Good luck to all!
Additional Drill Results from Buritica
Analyst Daniel Earle has released research on Continental initial channel sampling results from both the main cross-cut and drift accessing the Veta Sur Vein System for its Buriticá (100%) gold project in Colombia.
To-date 800m of total underground development accessing Veta Sur has been completed (expected completion by the end of November 2014) and this program has provided Continental with its first ever underground access into the Veta Sur deposit.
Management indicated that its first underground sampling in the Veta Sur system has demonstrated the continuity of high-grade mineralization over widths greater than anticipated from the current mineral resource model (May 2014) and in provisional mine planning.
It is important to remember, the previously announced Preliminary Economic Assessment continues to be on track for completion in Q4/14E and the company's 60 km Phase V drill program is expected to be complete by year-end.
Daniel Earle also expects that the upcoming PEA will be based on resources.
In its most recent resource estimate dated May 2014, Buriticá was defined by a total of 7.0 Moz of gold at 8.7 g/t in all categories (M&I resources of 2.8 Moz at 10.4 g/t) at a 3.0 g/t cut-off. As of that date, the company's database included 578 surface and underground drill holes (203 km of drilling) and 3.7 km of channel sampling. Daniel Earle expects this resource to form the basis of the PEA in Q4/14, with the results of the Phase V drill program and important underground sampling to possibly be included in a subsequent economic study.
Daniel Earle reminded that Major Accesses are expected to be completed by the end of the year. The underground cross-cut through the Veta Sur deposit is progressing ahead of schedule, with approximately 255m of the planned 350m completed to date.
As a reminder, the 1.2km long Higabra Valley Tunnel was reportedly completed in late August and development of the Yaraguá Ramp is on track for completion by year-end, with the company having completed 91m out of 380m planned (as of October 6).
More news to come soon.
Good luck to all.
Big news for CNL-T equity
Daniel Earle expects the resource to form the basis of the PEA in Q4/14, with the results of the Phase V drill program and important underground sampling to possibly be included in a subsequent economic study.
It's no surprise since the company's database included 578 surface and underground drill holes (203 km of drilling) and 3.7 km of channel sampling.
Underground development is still on track. Yaraguá Ramp will be completed by year-end, with the company having completed 91m out of 380m planned.
Approximately 245m of the planned 350m Veta Sur deposit is complete. The progress is ahead of schedule.
There are some critical results for de-risking the resource estimate in mid to late Q4/14E.
According to the company, vein locations observed in the Veta Sur cross-cut appear to reconcile well with the vein locations in the current mineral resource estimate.
In regards to Yarugua, the company has four rigs operating from the Higabra Tunnel assigned to infill drilling the deeper portion of the resource envelope. In addition, 650m program of short cross-cuts was initiated in the upper part of Yaragua in September..
Daniel Earle reported big news coming in Q4/14E:
Development Update, including Yaraguá and Veta Sur
Completion of Preliminary Economic Assessment
Furthermore, find updated resource estimate in H2/15E and completion of permitting in Q3/15E.
Continental Gold Extends the High-Grade Gold and Silver in Yaragua and Veta Sur Vein Systems at Buritica, Colombia
http://finance.yahoo.com/news/continental-gold-extends-high-grade-113000295.html
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