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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 mtsuiton May 15, 2013 8:33pm
133 Views
Post# 21400138

Results

Results

1Q loss of $1.3mm

1Q preproduction revenue of $8.5mm was offset by capex of $9.0mm

 

"Subsequent to March 31, 2013, and up to the date of this report, the Company exported approximately 3,350 ounces of gold
and 7,500 ounces of silver with an aggregate approximate value of $5.0 million."
 
So in the first half of 2Q they are generating cash faster than in 1Q.  Something is getting better.

 

 

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