Located in Colombia. Made a very significant discovery. Have the La Bodega vein, which is all right but extending from that, he believes a separate system, La Mascota that has been pulling some very nice drill intercepts that pushed the stock up but has now dropped back because of a legal dispute.
There questions on ownership, which he expects will be resolved in their favour but would not be a buyer at this time until there is better clarification.
Colombian gold company with a resource being developed. Dispute with owner of property, which has to be reconciled. Looks like a bit of a cash grab. There’s an overhang on the stock because of this land ownership issue. It could be a volatile stock.
Settled the La Bodega arbitration/acquisition of La Baja gold property in Colombia, which was good. Now have to march on with the development of the mine. Overall, an extremely favourable situation.