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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 mtsuiton Apr 18, 2013 10:54am
158 Views
Post# 21270101

RE: RE: RE: AGM Date .....

RE: RE: RE: AGM Date .....

You're right about that.  He said that was the plan, and strangely enough it is still the plan.  Obviously they haven't done it.  But they also haven't proven they can't do it.

 

This year plenty of little companbies dream of starting small and financing development from early production, but very few companies have ever achieved this.  DMM has faced plenty of adversity.  The company got robbed and shareholders got Robbed.

 

What I like right now is that the company is in control of its own destiny.  It doesn't need to raise money.  It doesn't need a higher gold price.  It just needs to blast ore.  If they start delivering high grade rock to the mill then we can start thinking about how big is the mill, how big is the property, and how far to veins go.  And these shares could be worth $10+.  Even in this severely depressed markets I don't see many other stocks with this potential.

Bullboard Posts