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Mocoa: one step forward, two steps back

After seeing its stock jump about 33% after reporting a high-grade intercept at its Mocoa copper-molybdenum in Putumayo in Colombia, Libero Copper and Gold may regret drilling the first hole on the project in about a decade as the country prepares for a presidential election.

Mocoa: one step forward, two steps back Mocoa: one step forward, two steps back Mocoa: one step forward, two steps back Mocoa: one step forward, two steps back Mocoa: one step forward, two steps back

Libero Copper & Gold's Mocoa project in Putumayo, Colombia

Hole 43 caused a stir among some NGO's and the anti-mining lobby in the region, with claims that the company should not have been drilling, which we will dig into later in this article.