Core Gold DMMIF

RE: RE: RE: RE: RE: RE: RE: What do you guys think

[dmuy]

No doubt they could finance Jerusalem out of current cash flow but it's just my gut feeling that after all these years of delay Washer would be anxious to get Jerusalem up and running before he retires. The economics are compelling and Jerusalem is really his only bargaining chip for a mining contract although I don't suppose that Jerusalem and Zaruma would be included in the same contract. He has managers to look after ramping up Zaruma and he certainly doesn't need all those ball mills for spares. I would be in favour of fast-tracking Jerusalem even if it meant additional equity being issued (again at much higher prices). There is something to said for a higher share float although the small float should really work in our favour once everything comes together.