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In Colombia’s Antioquia Province Gold Mines Can Be Permitted in Under 2 Years

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Its important to note that gold and silver may be on the verge of its next leg higher. Gold is breaking through its 200 DMA on huge volume as the Trump Honeymoon period wears off in the USA.
Also watch the French election as that may lead to a selloff in the Euro.
Interest in gold and silver as a safe haven should grow as I expect the US attempts to devalue the US dollar and slap tariffs on currency and commodity manipulators such as the Chinese. The whole balance of diplomacy is changing in front of our very eyes as the US under Trump is a major wildcard. This could lead to an absolutely huge move in gold and silver quickly to $1500 per ounce and then a possible accelerated breakout move through 2011 highs at $1900 and move closer to $2700. If this moves occurs junior mining investors will be quite content sitting on emerging junior producers. For years I have ventured into Colombia as an exciting jurisdiction to find high grade gold. In addition, my research showed that Colombia was supportive of mining especially certain provinces where mines could be permitted under 2 years.  Some of our early investments are coming into commercial production and have moved from the Venture exchange to the TSX Big Board and have made close to 5 baggers for early subscribers from back in 2014 who believed in Colombia especially the mining friendly Antioquia Province. Now there is an additional opportunity that I am slowly buying and they have come on as a website sponsor. It should be noted there is not much liquidity and low volume as it is relatively unknown especially among mining investors. This is not new to us. I have found completely illiquid unfollowed situations which became the top performers of the exchange just by identifying top assets backed by high quality shareholders. Most investors were completely unaware when I started talking about Colombia in 2014 that the country is one of the strongest with regards to mining law and political stability. Many did not believe that mines could be permitted under two years. Now the majors realize this is not only a great district to find high grade gold but permitting could be one of the most efficient in South America. Pay attention now to this junior miner who is now fully permitted and funded to begin gold production in Colombia this year. For years these reserves of gold in Antioquia were left untouched due to a civil war. There was fear of kidnapping/ However, recent peace treaties is opening up the riches of Colombia gold to the world. The rebels have laid down their arms and peace has returned. This means the untapped gold resources is now open for development and exploration.  This little miner is one of two juniors that have survived the bear market in gold got permitted and are moving into production. In addition the upside could be enormous. The last sixty years has left the ground untouched. Now with modern technology the majors may be looking at these junior producers and saying maybe there is a lot more high grade at these projects. This is a high grade deposit that is around 5 grams a tonne. The company decided to focus on getting into production as a priority rather than building ounces in the ground especially during a bear market when exploration was not funded. Now the timing may be perfect. They could use the cash flow from production to explore now in a bull market for gold without being dilutive to existing shareholders. I expect the next few months to be quite exciting as we watch this little junior move from the 99% of juniors who don’t make it into the 1% that do actually make it to a producer.  This emerging gold producer is backed by a Private Peruvian Mining Group that has operating mines in Peru that produced hundreds of thousands of ounces last year. They own about 70% of the shares and are backstopping the construction loan which de-risks Antioquia financially and technically as they have a lot of mine planning and gold processing experience. This Peruvian Group is taking a huge bet on Antioquia and Colombia as they may see at as a near term dividend producer with the long term upside potential of a lot of high grade gold. Hear my recent interview with their VP Investor Relations by clicking here… https://www.youtube.com/watch?v=Eor4p61txXM Disclosure: This interview/article is an advertisement and contains forward looking statements which may not come to fruition. I own shares in linked company and the company is a website advertiser which means I have a conflict of interest as I could benefit if the stock goes up in value. I may buy or sell at anytime without notice to subscribers. This is not financial advice. Buyer beware junior mining stocks are risky! Section 17(b) provides that: “It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication, which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.”

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For informational purposes only.  This is not investment advice.  May contain forward looking statements.

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Source: http://goldstocktrades.com/blog/2017/04/20/in-colombias-antioquia-province-gold-mines-can-be-permitted-in-under-2-years/


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