eResearch Blog: Stock of the Week (August 27, 2007)

Colombia Goldfields Ltd. (TSX: GOL; and OTCBB: CGDF)

New TSX Listing

TSX Price (August 27): C$1.54
OTCBB Price: (August 27): US$1.47
52-Week High-Low: US$1.84 - $1.06
Initiating Report Price: US$1.36 (May 1/07)
Initiating Report Target Price: US$1.95
Hi-Lo since Initiating Report: US$1.50 - $1.20

The shares of Colombia Goldfields Ltd. began trading on the TSX as of the opening on Monday, August 27, 2007. Symbol is GOL. The shares also trade on the OTCBB in the U.S.A. under thesymbol CGDF, and in Germany with the symbol C2B.F.

The TSX listing should significantly expand investor awareness of the Company, which has been a continuing challenge for management.

Colombia Goldfields, through its Colombian subsidiaries, is developing amulti-million ounce gold resource in Colombia's historic Marmato Mountain golddistrict through a program of mineral property acquisitions, communityresettlement and exploration.

In our May 2007 Initiating Report, eResearch rated the stock as a Speculative Buy and had a target for the shares of $1.95. Since the report’s issuance, the stock has been up and down between $1.30 and $1.50 four times. Any good drilling news from Marmato could see the range-bound stock break out.

To see our research material, go to www.eresearch.ca