Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

Continental Gold Is An Intriguing Speculation Stock

This article is about Continental Gold (OTCQX:CGOOF) Continental Gold has a market capitalization of around $565 million, or just over $600 million fully diluted. The company holds several gold exploration properties in Columbia. It is focused on developing its flagship Buritica property, and most of the company's value is found at Buritica and in its $160 million in cash and equivalents, which will undoubtedly go towards bringing Buritica into production.

Buritica is a high grade underground gold mine that is expected to go into production in 2016. At first it will produce a little more than 100,000 ounces of gold annually, although this figure is expected to double after a few years. While the company has not yet...

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