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Comments on Continental Gold Ltd. in The Gold Report
January 31, 2011
Dear Shareholders and Friends,
In a recent interview with Streetwise Reports, Marshall Auerback, corporate spokesperson for Toronto-based Pinetree Capital, commented on Continental Gold Ltd. Marshall is a so-called "hedge fund" strategist. He believes that deficit spending is not bound by anything other than inflation, which, he says, is of limited consequence right now. Marshall believes the U.S. government's main goal should be to reduce unemployment, and he predicts the gold price is likely to remain range-bound between $1,100 and $1,400 an ounce in 2011. However, his long-term outlook for precious metals remains rosy given that "casino capitalism" is setting the stage for a new bubble. In this exclusive interview with The Gold Report, Marshall reveals some of Pinetree Capital's precious metals holdings and explains why he fears for the global economy.
As Pinetree Capital's corporate spokesperson, Marshall Auerback is a member of Pinetree's board of directors and has some 28 years of global experience in financial markets worldwide. He plays a key role in the formulation and articulation of Pinetree's investment strategy. Currently, Mr. Auerback is a senior fellow at the Roosevelt Institute, a research associate for the Levy Institute and a fellow for the Economists for Peace and Security. Mr. Auerback graduated magna cum laude from Queen's University in 1981 and received a law degree from Corpus Christi College at Oxford University in 1983.
We thought you'd be interested in reading Marshall Auerback 's comments on Continental Gold Ltd. Scroll Down to see these comments.
Regards,
Ari Sussman
President and Chief Executive Officer
Marshall Auerback's Comments:
"Continental Gold is an advanced-stage gold exploration company with an aggressive development timeline for its flagship Buritica project in Colombia. They have an extensive portfolio of gold projects, more than 200,000 hectares of highly prospective ground in areas of historical gold production. The company's priorities include advanced exploration and definition drilling programs at its high-grade Buriticá gold project and phase-one drilling at the Berlin project, which produced over 413,000 oz. at 16g/t gold, historically." View Article
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http://www.continentalgold.com/_resources/9-2_continental_gold.pdf
Publisher | Article | Date of Coverage | Link to File | |
---|---|---|---|---|
Resource World | Continental Gold Defining High-Grade Gold Resource In Columbia | February 2011 |
http://www.continentalgold.com/investors/presentations/
Februar 2011!!!
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http://www.stockwatch.com/Quote/Detail.aspx?symbol=CNL®ion=C
Schnell einsteigen! :-)))
Continental Gold: Continuous high-grade gold in systematic sampling at the Buriticá Project, Colombia
Toronto, Ontario-
Continental Gold Limited ("Continental" or the "Company") (TSX:CNL) is pleased to announce results from the Company's ongoing underground sampling of parts of the Yaragua Vein System at its Buriticá project in Antioquia, Colombia. These results complement the drilling program at Buriticá in which 50,000 metres of underground and surface diamond drilling have been completed to date and an additional 60,000 metres are scheduled in 2011.
Highlights
Underground (drift) sampling on the San Antonio subzone/vein set has yielded the following average grades across average widths along substantial strike lengths at the given elevations
52.9 g/t Au, 65 g/t Ag, 2.0% Zn across 1.77m , along 52m: RL 1555m
99.3 g/t Au, 306 g/t Ag, 2.3% Zn across 1.56m, along 43m: RL 1540m
134.0 g/t Au, 147 g/t Ag, 2.4% Zn across 1.26m, along 40m: RL 1515m
203.1 g/t Au across 1.39m along 31m: RL 1495
75.0 g/t Au, 405 g/t Ag, 0.5% Zn across 1.45m, along 62m: RL 1440m
Sampling on San Antonio in raises above drifts has also demonstrated strong grade continuity between levels, for example
49.0 g/t Au, 90 g/t Ag, 1.9% Zn across 1.23m along 24m (vertical) above RL 1515m
35.1 g/t Au, 41 g/t Ag, 0.7% Zn across 1.17m along 15m (vertical) above RL 1495
In addition to high grade gold, several segments of the San Antonio vein set exhibit high grade silver, up 411.43 g/t over substantial intervals
The underground sampling has demonstrated continuous high gold grades along up to 500 metres of strike length and vertical extents of up to 115 metres of the San Antonio vein set
The results have generated confidence in the interpolation of drilling results for resource estimation and that substantial parts of the Yaragua System contain high-value precious metal mineralization potentially mineable over metre-plus widths.
Please click the following link to view the full news release: http://continentalgold.com/_resources/news/nr_2011_03_03.pdf
About Continental Gold Limited Continental Gold Limited is an advanced-stage exploration company with eight gold projects covering approximately 166,207 hectares in Colombia. Spearheaded by a management team with over 40 years of exploration and mining experience in South America, the Company has begun an aggressive exploration program on its extensive portfolio of properties with a focus on its flagship high-grade gold project, Buriticá and the highly prospective Berlin gold project. Additional details on the Buriticá project and the rest of Continental Gold's suite of gold exploration properties is available at www.ContinentalGold.com.
Continental Gold: Continuous high-grade gold in systematic sampling at the Buriticá Project, Colombia
Toronto, Ontario-
Continental Gold Limited ("Continental" or the "Company") (TSX:CNL) is pleased to announce results from the Company's ongoing underground sampling of parts of the Yaragua Vein System at its Buriticá project in Antioquia, Colombia. These results complement the drilling program at Buriticá in which 50,000 metres of underground and surface diamond drilling have been completed to date and an additional 60,000 metres are scheduled in 2011.
Highlights
Underground (drift) sampling on the San Antonio subzone/vein set has yielded the following average grades across average widths along substantial strike lengths at the given elevations
52.9 g/t Au, 65 g/t Ag, 2.0% Zn across 1.77m , along 52m: RL 1555m
99.3 g/t Au, 306 g/t Ag, 2.3% Zn across 1.56m, along 43m: RL 1540m
134.0 g/t Au, 147 g/t Ag, 2.4% Zn across 1.26m, along 40m: RL 1515m
203.1 g/t Au across 1.39m along 31m: RL 1495
75.0 g/t Au, 405 g/t Ag, 0.5% Zn across 1.45m, along 62m: RL 1440m
Sampling on San Antonio in raises above drifts has also demonstrated strong grade continuity between levels, for example
49.0 g/t Au, 90 g/t Ag, 1.9% Zn across 1.23m along 24m (vertical) above RL 1515m
35.1 g/t Au, 41 g/t Ag, 0.7% Zn across 1.17m along 15m (vertical) above RL 1495
In addition to high grade gold, several segments of the San Antonio vein set exhibit high grade silver, up 411.43 g/t over substantial intervals
The underground sampling has demonstrated continuous high gold grades along up to 500 metres of strike length and vertical extents of up to 115 metres of the San Antonio vein set
The results have generated confidence in the interpolation of drilling results for resource estimation and that substantial parts of the Yaragua System contain high-value precious metal mineralization potentially mineable over metre-plus widths.
Please click the following link to view the full news release: http://continentalgold.com/_resources/news/nr_2011_03_03.pdf
About Continental Gold Limited Continental Gold Limited is an advanced-stage exploration company with eight gold projects covering approximately 166,207 hectares in Colombia. Spearheaded by a management team with over 40 years of exploration and mining experience in South America, the Company has begun an aggressive exploration program on its extensive portfolio of properties with a focus on its flagship high-grade gold project, Buriticá and the highly prospective Berlin gold project. Additional details on the Buriticá project and the rest of Continental Gold's suite of gold exploration properties is available at www.ContinentalGold.com.
Continental Gold: Continuous high-grade gold in systematic sampling at the Buriticá Project, Colombia
Toronto, Ontario-
Continental Gold Limited ("Continental" or the "Company") (TSX:CNL) is pleased to announce results from the Company's ongoing underground sampling of parts of the Yaragua Vein System at its Buriticá project in Antioquia, Colombia. These results complement the drilling program at Buriticá in which 50,000 metres of underground and surface diamond drilling have been completed to date and an additional 60,000 metres are scheduled in 2011.
Highlights
Underground (drift) sampling on the San Antonio subzone/vein set has yielded the following average grades across average widths along substantial strike lengths at the given elevations
52.9 g/t Au, 65 g/t Ag, 2.0% Zn across 1.77m , along 52m: RL 1555m
99.3 g/t Au, 306 g/t Ag, 2.3% Zn across 1.56m, along 43m: RL 1540m
134.0 g/t Au, 147 g/t Ag, 2.4% Zn across 1.26m, along 40m: RL 1515m
203.1 g/t Au across 1.39m along 31m: RL 1495
75.0 g/t Au, 405 g/t Ag, 0.5% Zn across 1.45m, along 62m: RL 1440m
Sampling on San Antonio in raises above drifts has also demonstrated strong grade continuity between levels, for example
49.0 g/t Au, 90 g/t Ag, 1.9% Zn across 1.23m along 24m (vertical) above RL 1515m
35.1 g/t Au, 41 g/t Ag, 0.7% Zn across 1.17m along 15m (vertical) above RL 1495
In addition to high grade gold, several segments of the San Antonio vein set exhibit high grade silver, up 411.43 g/t over substantial intervals
The underground sampling has demonstrated continuous high gold grades along up to 500 metres of strike length and vertical extents of up to 115 metres of the San Antonio vein set
The results have generated confidence in the interpolation of drilling results for resource estimation and that substantial parts of the Yaragua System contain high-value precious metal mineralization potentially mineable over metre-plus widths.
Please click the following link to view the full news release: http://continentalgold.com/_resources/news/nr_2011_03_03.pdf
About Continental Gold Limited Continental Gold Limited is an advanced-stage exploration company with eight gold projects covering approximately 166,207 hectares in Colombia. Spearheaded by a management team with over 40 years of exploration and mining experience in South America, the Company has begun an aggressive exploration program on its extensive portfolio of properties with a focus on its flagship high-grade gold project, Buriticá and the highly prospective Berlin gold project. Additional details on the Buriticá project and the rest of Continental Gold's suite of gold exploration properties is available at www.ContinentalGold.com
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