OTCQX:DMMIF - Post by User
Post by
Tadon Sep 10, 2019 9:37am
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Post# 30112011
New Corporate Presentation
New Corporate Presentation The company has posted a new coproate presentation on its website as of September 9:
https://www.coregoldinc.com/site/assets/files/5402/2019-09-09-cp-cgld.pdf Looks pretty upbeat, mostly concentrating on the exploration potential at DGF, Copper Duke and Linderos.
Just wondering why the company continues to make no reference to the 2.542,000 ounces of gold with an average grade of about 12.5 gpt stated for the Zaruma Project in the 2014 Independent Preliminary Economic Assessment ?
https://www.coregoldinc.com/site/assets/files/5323/2014-09-18-zaruma-independent-preliminary-assessment.pdf We all know the underground infrastructure is flooded out at the Cabo de Hornos Mine and the carrying value was reduced to zero in the financial statements in 2016 and 2017 .....
........so ..... the gold isn't there anymore ?
Big difference between a resource base of 2.1 million ounces and 4.6 million ounces of gold for a company with a market cap of only $28 million ?
GLTA