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Bullboard - Stock Discussion Forum 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 Discussion

Core Gold > News
View:
Post by RONNIE111 on Nov 22, 2018 7:13am

News

It is hard not to be discouraged by the lack of news.  We have all held cos that gave no news for a long time and then bad news (including the old Dynasty).  But I think given all that has happened recently, that it is more likely that it is still Plan A but things are moving slow.  Perhaps some better financing plan.  
It is also possible that they are coming up with some new plan.  A   JV  maybe.  I wouldn 't have any problem with them selling a part of Copper Duke, for example, to  someone with deep pockets and expertise.   It will take multiple drilling to prove out the reserve.  Core could drill 10 holes and miss everytime and there could still be a very large resouce just a little furthur over.  It is a big site.
A JV could speed things up, and I and probably everyone is getting ready for some action.
Comment by bailey2 on Nov 22, 2018 10:14am
Well, last year a production update was on November 24 and the q3 financials were on November 28. Something seems like it's clogging the wheel. With gold stuck around 1220 and the general markets in a state of disarray, if any good news is released, it perhaps will fall on deaf ears, 
Comment by standfir on Nov 22, 2018 2:28pm
I agree with your take on things, Ronnie111.  They're not later than last year with Q3, and I figure they have a lot on their plate.  I am willing to wait for some substantial news, and then I'm counting on some things worth waiting for.
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