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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

Comment by bailey2on Nov 27, 2017 6:26am
101 Views
Post# 27035686

RE:RE:RE:RE:RE:HANG ON A SECOND...SHOULDN'T THIS BE WORTH $2+/SHARE !?!?!?

RE:RE:RE:RE:RE:HANG ON A SECOND...SHOULDN'T THIS BE WORTH $2+/SHARE !?!?!?Have to agree with some of LittleOwl's comments. Let us start fresh here. New focus on easy surface mining. New name. New vision. Let us look at this another way.,Zaruma was a failure., Write it off to zero. Subtract the oz's from the total., This is now a new gold mining company , that has highly prospective properties, Dynasty Goldfield, Copper Duke, and Jerusalem, Infrastructure is already in place and gold is presently being produced at 2000 oz per month. Management has ownership of shares,( a massive amount , including previous management)and is not taking a salary until they are cash flow positive. (As stated in previous news releases.) These 3 remaining properties
could easily be 3 separate gold mines individually if they were owned by different companies, or all by Coregold. Even with their large amounts of indicated resources presently, they have just scratched the surface of these areas and with future drilling the potential for high grade, large resource estimates could be mind-boggling. Remember, the whole focus of the previous Dynasty management was Zaruma.,Perhaps the wrong choice. I have seen many turnaround stories in the past 40 years in the stock market where new management, and new vision has turned a company around and reaped massive profits for those investors willing to take a chance. This is now a new company with a new focus. Shareholders of the old company have always had their choice to opt out and sell, and move on.,. Future potential is usually part of valuation of a share price. This new company could and should be easily trading at 60 cents or a dollar right now. I believe sometime in 2018 those who do not own Coregold shares will look back  at a missed opportunity to have invested
in a multibagger. imho
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