New Colombia Resources Inc fka NEWC

[quipu]

By Mark Renner - May 10, 2016 - Walt Disney Co (NYSE:DIS): Reviewing Earnings Estimates

http://www.thepointreview.com/walt-disney-co-nysedis-reviewing-earnings-estimates/

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New Colombia Resources, Inc. (NEWC) a U.S. company with premium metallurgical coal and building material mining titles, medical marijuana, and industrial hemp and other resource operations in Colombia, on May 4, 2016 announced a project to build a water reservoir near a 1200-acre theme park to be built in Girardot, Colombia.

Their property is 25 miles from Girardot where they believe the Walt Disney Co (NYSE:DIS) is building their fifth theme park and first in Latin America. Last May the Mayor of Girardot publicly announced that Disney executives were scouting for 1200-acres to build a theme park in his town. A few days later he retracted his statement saying, “it’s a group of Mexican investors building a 1200 acre “Disney like” theme park. New Colombia’s sources have confirmed it is Disney that has bought over 1000 acres so far. New Colombia Resources cannot speak for Disney but will contact them for a potential investment in the much needed reservoir. The existing aqueduct system in Melgar was built in the 1950’s and used asbestos in the cement water pipes, adding to the need for an additional water supply.

In 2014, Erasmo Almanza, Director of New Colombia Resources, Inc., purchased 8 Ha. (20 Acres) in Melgar, Colombia to apply for a mining title to supply sand building material to the municipality and build a resort hotel. The property has 1000 feet of road frontage for easy access to the building materials. It also has two water falls that will be used to build a much needed water reservoir. The mining title application number is PB4-08441 for 27 hectares of which the Company owns 8 hectares."