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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 amarkspon Oct 08, 2013 12:38pm
243 Views
Post# 21799845

RE:RE:DMM

RE:RE:DMMBelow is 450 tpd at 6.04 gpt.  Remember DMM only produced 2800 gold ounces for first 44 days of quarter, so believe I am likely optimistic in my forecast of 6,499 ounces.  Production of 5,600 ounces for quarter could be more likely. In any event, somehow DMM has managed to get through the quarter without a PP, which is certainly noteworthy.

DMM Sep 13 Est Jun-13 Mar-13 Dec-12 Sep-12 Jun-12
TPD 450.0 450.0 450 tpd 425 tpd 400 tpd 400 tpd
Quarter g/pt 6.04 4.56 3.74 3.07 2.69 4.18
Subsequent g/pt    4.40 5.26 4.11 4.32 5.33
             
Gold Ounces Sold 7,953 6,001 4,922 3,820 3,150 4,900
Silver Ounces Sold 17,000 10,960 16,030 6,700 11,600 8,300
Revenue-Cash Flow $10,934,280 $8,716,649 $8,472,082 $6,810,981 $5,547,122 $8,148,878
Revenue-Reported   $8,716,649 $8,472,082 $6,810,981 $5,500,000 $8,200,000
 Gold Eq Oz @ 55:1  8,262 6,200.3 5,213.5 3,941.8 3,360.9 5,050.9
Gold Eq Rev Per Oz $1,328 $1,406 $1,625 $1,728 $1,650 $1,613
ALL Cash Costs-Inflation 8% $9,261,723 $9,080,121 $8,744,460 $7,199,673 $5,919,483 $9,726,381
ALL Cash Costs-Fixed vs Var $0          
ALL Cash Cost/Oz-Actual $1,121 $1,464 $1,677 $1,826 $1,761 $1,926
ALL Cash Cost/Oz-FixvsVar Est $0          
             
Gold oz per day Sold 87.4 65.9 54.1 42.0 34.6 53.8
             
Subsequent Qtr Sales 1.325 44 days 44 days 89 days 45 days 45 days
Gold   2,800 3,350 5,000 2,500 3,087
Silver   13,400 7,500 16,000 6,400 12,177
Subsequent gold oz/day   63.6 76.1 56.2 55.6 68.6
Subsequent grams/day   1,979.3 2,368.1 1,747.4 1,728.0 2,133.7
Subsequent gpt   4.40 5.26 4.11 4.32 5.33

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