OTCQX:DMMIF - Post by User
Comment by
Teatimenowon Dec 12, 2019 6:02am
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Post# 30446687
RE:Is it over yet? are we on the Aussie exchange yet? c'mon
RE:Is it over yet? are we on the Aussie exchange yet? c'mon taking everything into consideration incl. all the strange stuff around the titan offer i still think Core Gold looks like a huge buying opportunity. There habe been massive capital inflows into Ecuador in the past 24 month and Core gold still sits near its 10yrs low. as if there is no new tax regime and no Fruta del norte, no tens of millions invested into the likes of Luminex and others. In addition it seems that Core Golds mining operation are close to a major turnaround. there was net income from mine operations in the last 9mth and even a small net profit Q ended sep19. and if that`s not enough there`s also the stated possibility of a rival offer. I would think that maybe even Lundin Gold might offer straight out cash to fill their pipeline of projects. this looks like a very good buy to me.
my guess is, likelyhood of:
A) lossing money from todays price of 0.26can$ = 10%
B) making at least a 50% net return in the next 6month 90%