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Core Gold DMMIF

Metals & Mining Industrial Metals & Minerals
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

Core Gold
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Comment by edxon Aug 16, 2016 9:30pm
231 Views
Post# 25148382

RE:RE:Sorry to see Washer go...

RE:RE:Sorry to see Washer go...I'll add that without Vertex breathing down their neck and with the employees having received some backpay + the Ecuadorian government seemingly content to work with the company to develop the projects, the company should be in pretty good shape. They need time to let Green Oil build the road and start producing positive cash flow from DGF. Combined with resumed (even if limited) operations at Zaruma and the company should be able to resolve cash flow issues.

I'm kind of dissapointed that I'll now need to wait at least into 2017 (if not longer) ... part of me was hoping thecompany would get scooped up for $30-$40 million just to be done with it. Oh well.

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