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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

Bullboard Posts
Post by greeneggson Dec 18, 2008 9:33pm
481 Views
Post# 15655995

Those putting out cashflow estimates without

Those putting out cashflow estimates without

taking taxes/royalites  into consideration are either stupid or dishonest.
At the very very least, one should take 50% off for taxes. If we're very lucky between taxes/oyalties will be between 50-60%.
Thus an estimate of 2 dollars a share cashlow would be 80 cents to a buck after taxes. That's if we're lucky.

I'm hoping that with gold in the 800/ ozUS range the company can net out 300/0z cdn after tax.

Bullboard Posts