Core Gold DMMIF

Learn to read black cat. They were behind

[greeneggs]

schedule on zaruma before all the turmiol occurred. Read old press releases. Zaruma was suppose to be up and running at a certain month, but they were FAR  from meeting the deadline,
Unlike others I have never lied on a board or exaggerated to hype a stock. I have also never been short a stock.
I get persecuted for telling the truth.

If they had met their deadline for the construction of zurma it would've been up and running well before the work stopage order. As it stands they not only missed the dealine, there are still months of work remaining. Thus they were far from meeting their deadline. They failed to execute. Now we will see what happens. No big deal if they don't get up and running until may or June. The overwhelming isssue is what kind of terms they reach with the government reguarding taxes/royalities on Zaruma.  If it is reasonable, and if Ecuador gives the apparance of being a reasonable place to operate, and if further drilling results give more confidence to the 6 million oz resource on their 3 properties--and remember these are high high grades,,with minimum cap ex to develope--you are talking about a multiple of the current share price.  It's all about political risk, the risk verse reward is attractive, but their is RISK here, no doubt about it.