Hello Traders & Readers,
It may be cold outside but we believe that we may have something that could really heat up.
Mining plays in the OTC markets sometimes seem like they’re a dime a dozen.
Well, we have a dime-priced mining company here that could give a dozen reasons to watch it!
FCGD (First Colombia Gold Corp.)
FCGD is in the Energy & Mining industry.
Who doesn’t love a two for one?
FCGD presents a potential opportunity for followers, as it seems to be actively engaging in their commitment to their business model of acquiring assets and focusing on oil and gas production in Kentucky as well as precious metal exploration in Montana.
Priced at just around a dime, FCGD looks as if it is a bargain in comparison to how much activity and production it’s involved in.
First Columbia Gold Corp. could be ready to exit its sort of bottomed out position on its chart and start its climb towards the top.
The acquisition of its newest CEO, Jason Castenir, who by the way brings a wealth of experience and knowledge to First Colombia Gold Corp. and had previously been serving as a consultant and advisor to the company and was instrumental in the company's recent oil and gas acquisition, could be more reason to believe that this baby could move.
FCGD’s goal is to generate new streams of revenue to support their plans for aggressive growth.
FCGD has plans to construct a pipe threading facility at its oil offices in Kentucky. This expansion could produce $5-$7 million in annual revenue for the company.
Less than a month ago FCGD announced that the company began drilling two new oil wells on new leases located in Clinton County, Kentucky.
First Colombia Gold Corp now has 45 wells across 20 leases that are actively producing oil. Followers can monitor the drilling progress as it develops through the Company's website and social media outlets.
BUSINESS SUMMARY
FCGD – First Colombia Gold Corp.
First Colombia Gold Corp. is engaged in the acquisition, exploration, and development of gold and silver properties in North America, South America, and southeastern Europe. The company holds interests in the South Idaho silver project covering approximately 160 acres located to the south of Boise, Idaho; and the Boulder Hill project with 3 unpatented mining claims covering an area of approximately 60 acres located in the Lincoln County, Montana. It also holds interests in the Skip Silver prospect with 2 unpatented mining claims covering approximately 40 acres located in Montana. The company was formerly known as Amazon Goldsands Ltd. and changed its name to First Colombia Gold Corp. in November 2010. First Colombia Gold Corp. was founded in 1997 and is based in Memphis, Tennessee.
Their strategy is to build shareholder value through acquisition and building of projects in the energy, precious metals and real estate sectors combining potential for cash flow and leverage to adding value through development. They focus on unique opportunities that can take advantage of long term trends in the energy, precious metal and land sectors.
Their business plan is to use their expertise and experience in international business, energy and mining to identify projects of merit combining cash flow with leverage to value added through development and financial engineering, and a ”roll-up strategy of acquiring undervalued natural resource assets
Their business model is based on “Project Generation” to build maximize shareholder value through careful use of capital resources to build a pipeline of projects in various stages of development, and focus on advancing projects internally or externally with joint venture partners. They aim to employ a “roll up “strategy to acquire assets and cash flow that they can then build upon.
They have recently acquired a 19.5% equity interest of oil wells and leases, in addition to full ownership of land, drilling and transportation equipment, buildings and other hard assets related to oil production, distribution and transportation, as first steps in implementing our business plan.
The company has particular expertise also in the mining sector, and their current efforts are currently focused on their Nile Mine project, and identifying potential gold and silver project acquisitions. They have built exploration databases on projects in Montana and Idaho to guide current and future exploration and development.
MARKET OUTLOOK
Total U.S. crude oil production averaged an estimated 8.9 million barrels per day (bbl/d) in October, and monthly average production is forecast to surpass 9.0 million bbl/d in December 2014. Projected total crude oil production averages 9.4 million bbl/d in 2015, a reduction of 0.1 million bbl/d from last month's STEO. If realized, the 2015 forecast would be the highest annual average crude oil production since 1972. Natural gas plant liquids production is expected to increase from an average of 2.6 million bbl/d in 2013 to 3.2 million bbl/d in 2015.
http://www.eia.gov/forecasts/steo/
The Outlook shows global energy demand continuing to increase at an average of 1.5% a year to 2035. Growth is expected to moderate over this period, climbing at an average of 2% a year to 2020 but then by only 1.2% a year to 2035. 95% of this growth is expected to come from non-OECD economies, with China and India accounting for more than half of the increase. By 2035, energy use in the non-OECD economies is expected to be 69% higher than in 2012. In comparsion use in the OECD will have grown by only 5%, and will actually have fallen after 2030, even with continued economic growth.
While the fuel mix is evolving, fossil fuels will continue to be dominant. Oil, gas and coal are expected to converge on market shares of around 26-27% each by 2035, and non-fossil fuels – nuclear, hydro and renewables – on a share of around 5-7% each.
http://www.bp.com/en/global/corporate/about-bp/energy-economics/energy-outlook/outlook-to-2035.html
INVESTOR HIGHLIGHTS
FCGD appears ready to make a climb in the direction of its 52-week high.
FCGD’s immediate objective for the third quarter of 2014 is to complete their acquisition of oil interests and begin generating revenue and cash flow.
FCGD’s long term objectives as a capital company is to build both revenue and cash flow, as well as asset growth, in a disciplined manner to build shareholder value.
FCGD focuses on identifying undervalued opportunities that they believe have potential for solid cash flow and growth in asset value.
FCGD could be the golden goose we all need just in time for Thanksgiving!
After reading this, start your own research and envision the possibilities for yourself. Always remember to use caution when following OTC market plays as these markets can be quick and volatile. Also remember to not risk more than you could afford to lose for those same reasons. 
