InvestorsHub Logo

Refill

01/15/18 1:39 PM

#1584 RE: NYBob #1583

The increased production comes despite a 42-day civil disruption from mid-July thru September 1st which sharply curtailed production during the month of August.
It was good to see they were able to turn lemons into lemonade by using the civil disruption as an opportunity to hold talks with ancestral miners. They were able to increase the number of independent contract miners and small mining collectives working with the company to over 2500.
With the contract miners help, Gran Colombia was able to increase fourth quarter production by a whopping 26%.

http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2017/Gran-Colombia-Gold-Announces-Resumption-of-Normal-Operations-at-Segovia/default.aspx

http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2018/Gran-Colombia-Surpasses-2017-Annual-Gold-Production-Guidance-With-173821-Ounces-Up-16-Over-Previous-Year/default.aspx