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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 RRBC2019on Oct 07, 2019 9:43pm
87 Views
Post# 30205678

RE:RE:copper duke

RE:RE:copper dukeIt is not quite right Tapps88 but your point is correct. Pre GFC Rio Tinto paid $40B for the Aluminium company Alcan. It ended in disaster for Rio. Complete write down! In addition the coal company Rio bought was for $4B...called Riversdale, but they wrote it down to negative -$9B. Hence why the former Director Albanese got grilled over it by the SEC. So reporting numbers pre GFC is meaningless unfortunately. One day those times will arrive again but not in my lifetime.
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