Continental Gold Breaks Above C$3.00 as Investors Grow Optimistic About Environmental Permitting

Continental Gold (CNL.TO) is rallying back above C$3.00 today as it tests a key resistance zone:   CNL.TO (Daily) The support/resistance zone between C$3.00 and C$3.25 represents a crucial test for CNL. A breakout above C$3.25 would complete a 9-month … Continued

Time to Take Profits in Continental Gold?

This morning Continental Gold (CNL.TO) released its much anticipated updated resource estimate which greatly increased the size and marginally increased the grade of its flagship Buriticá Project. This news is very significant because it makes the economics of the project significantly more attractive, … Continued

Continental Tests Important Resistance as Final Permits Imminent

We have been all over Continental Gold (CNL.TO) during 2015 and our persistence has rewarded readers who paid attention. Despite a relatively lackluster junior gold sector shares of CNL have performed superbly with a 35%+ gain year-to-date:   CNL carved out … Continued

Continental Remains Highly Undervalued Relative to Peers

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A couple of charts from Dundee Research highlight the relative cheapness of Continental Gold (CNL.TO) shares even after yesterday’s groundbreaking environmental permit approval announcement by its neighbor Red Eagle Mining (RD.V):   Continental’s Buriticá  project is high-grade and relatively good … Continued

Continental Moving Closer to Permits for Buriticá

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Encouraging comments from Colombian Minister of Mines and Energy Tomas Gonzalez this morning at PDAC sent Continental Gold (CNL.TO) shares soaring 10% before pulling back late in the trading session. Gonzalez stated that Buriticá’s environmental permit could come in May, a couple of … Continued