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Core Gold DMMIF

Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.


OTCQX:DMMIF - Post by User

Bullboard Posts
Comment by dmuyon Dec 05, 2011 10:23pm
237 Views
Post# 19293984

RE: RE: RE: RE: its a done deal

RE: RE: RE: RE: its a done dealThe 70% WPT has been known for quite some time. Back in the days when Otto was pro-DMM he did a piece with calculations to show that the WPT was not that bad.I guess there's only so many times you're allowed to change your mind without looking too foolish. Taxes in Ecuador are going to be high; but we knew that. I think there will be a time when that won't be an exception however. What's encouraging is that the WPT is deductable and that it is indexed to inflation. Ecuador's currency is the good old US $.
Bullboard Posts