COLOMBIA: A NEW GOLD RUSH?
by Andrey Dashkov, Casey’s International Speculator
For many investors, Colombia remains a grey spot on their mental maps of South America. La Violencia, the 50-year dark age in its recent past, came to an end with the close of the 20th century. But the memories are fresh, and the impact on the local economy and international perceptions of the country lingers. This reputation still prevents most foreigners from investigating Colombia’s potential – and that spells opportunity.
For those curious and courageous enough to see Colombia as a new frontier, early speculations are starting to yield big rewards. The country has abundant natural resources, including gold, silver, copper, coal, oil, gas, and more, a good deal of which remains underexplored.
But is it safe to explore for gold in a place distant from other relatively stable regions and drill in areas formerly held by AK47-toting guerillas?
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