Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Core Gold DMMIF

Metals & Mining Industrial Metals & Minerals
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

Core Gold
Bullboard Posts
User Avatar Image
(0)
•••
Comment by amarkspon May 22, 2013 2:26pm
141 Views
Post# 21427605

RE: RE: RE: Interpretation of company presenta

RE: RE: RE: Interpretation of company presenta

As DMM digs the decline, then this adds to the stockpile material.  Some of the decline is waste material and some is low grade ore.  DMM hauls the waste away and processes the low grade ore it finds when digging the decline.  This is my understanding.

 

So DMM will continue to have stockpile material as long as DMM is digging the decline.  BUT, once DMM has 3 good veins exposed in the NW, Center, and SE of the Cabo Main Decline, then DMM really has no good reason to continue to dig the decline, and hence less stockpile material.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities