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An outtake from Nextsmallcap article couple of years back book...

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    An outtake from Nextsmallcap article couple of years back book marked due to the paragraph I've highlighted below....worth reminding ourselves sometimes the potential scale of what this little minnow may well be sitting on. @Green Bull "gold turnaround story of 2020" perhaps? third time lucky?

    "Colombia, a country of opportunities, is at the forefront of a global gold rush. And its mining sector has renewed support of a government set on boosting economic growth.

    Colombia’s government is highly supportive of foreign investment and has the highest ranked investor protection in Latin America, and the sixth worldwide, according to the World Bank. It also ranks third in Latin America in the World Bank’s Ease of Doing Business report.

    The country has one of the lowest inflation rates in Latin America, as well as free trade agreements with eight trading partners including the US, EU and more than 100 designated free-trade zones.,

    Mining is already a significant sector of the Colombian economy and one of the country’s largest export sectors and its mining friendly government intends to expand on this.

    It is heavily investing in transport infrastructure and has plans to invest around US$30 billion as part of its Fourth Generation (4G) road infrastructure program — that’s around four times the investment made in the Panama Canal. This program is part of a larger infrastructure building spree of around US$70 billion that's planned for the country.

    While it remains one of the world’s most underexplored countries, Colombia is already a top 20 gold producer globally. It also boasts the world’s fourth largest global gold resource concentration, measured by ounce per square kilometre, after Ghana, Chile, and South Africa based on in-situ resources as of 2012."

 
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