Colombia has been rough. A few larger mines were blocked the last 2 years with the big boys, and the locals have a Not In My Backyard attitude in many areas.

I got burnt bad on the collapse of Red Eagle mining over the last year and thought they’d turn their operations around with the paste and backfill plant, but they ultimately imploded which was a shame.

Also look at what a cluster mess Cordoba Mines exploration project has been. They hit awesome copper/gold values and had a good thing going, but when Robert Friedland’s private company came in and started acquiring a large percentage of the company and they did some insane financings with him, then they killed the value for existing shareholders. Now there are concerns they could even get a mined permitted and up and running with the political and social climate in Colombia.

For now there are many other jurisdictions I’d rather invest in that Colombia.

You’re spot on Ex. Columbia is a very tough place to get anything done in the mining sector. I was just at a mining conference in Columbia and what I heard form every company trying to make a go of it is that it’s almost impossible to get anything done. You have to go through a number of government bodies/agencies and they do not talk to each other. There is a lot of potential in the Country but I left the conference with the mentality of stay away from Columbia until things change. And by change I mean pen to paper and drills on the ground change not just talk…

Thanks for getting on this topic JB!