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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
Comment by Stocks15on Dec 11, 2012 7:21pm
324 Views
Post# 20716095

RE: Another salent point

RE: Another salent point

Having looked at financials average revenue prior to this quarter $7.92million, by 14th nov we reached $4.5million with plant now running 5%extra yield gives us $4.725million .so estimate of $9.225million.Royalty saving on this is $184500 . Cash flow improvement on these figures of $1.49 million but plant is now running at a higher through put , which only improves these figures and also a small benefit on pms pricing .

Bullboard Posts