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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 OriginalFredon Jun 10, 2013 9:35pm
169 Views
Post# 21509482

RE: Otto's take

RE: Otto's take

In case Otto had not noticed, the price of gold has crashed.  No one is developing any new mines with the current price.  Kinross already has a lot of problems, and they need to get there existing mines profitable before they start investing more money in a new mine.

 

The only negative for Dynasty is the low price of gold.  All that matters is that they can become profitable with gold at its current price.

 

Bullboard Posts