Core Gold DMMIF

RE:Bridges Foley

[justjim]

Hi Bridge, im happy you have recovered some of your losses and good luck with your investing from here on in, hopefully you will be back(should it make sense to you) in here to make you some more.My view is a little different.Washer can only do and say so much till we have a contract, he has got the company this far(plant paid for,producing,samll float,great potential on the exploration side,and the 1st large scale minor for years to come)  which has been a great achievement.In one of the news releases he also stated they will ramp up production once the contract is in place........Company President and CEO, Robert Washer commented: "We welcome the opportunity to commence formal contract negotiations with the government of Ecuador and hope to quickly reach an agreement that is mutually satisfactory and beneficial to all stakeholders. Once the contract is settled, the Company expects to accelerate its development of the mine at Zaruma in order to increase gold and silver production levels."So no use of going gang busters spending money when a contract is not in place.You are correct some things seem sketchy, but it has been for everyone in Ecuador not just us.As far as what were extracting, i beleive i have read it around 7 grams per tonne(not to shabby i beleiv average is less than 3),so that will be just a matter of time before we get to the higher grade.We have trained the staff im sure to be ready for the ramp up.So yes it is a crap shoot, but i beleive the odds are greatly in our favour.All depends on the paperwork from the goverment now.GLTA