Core Gold DMMIF

RE:RE:RE:Q3 Results Sad; Q4 Results Encouraging

[pimrie]

Marbob1;

I do not disagree with you. Clearly they need to be in a position to get material from all veins, but for some reason that was not happening. The main things I am looking at here is the fact that the GM of the mine left in the quarter and once this happened their total mining and overhead costs dropped significantly and they then started mining the new veins, resulting in production skyrocketing in October.

My "suggestion" here (and trust me it is a wild a** swag designed to try and put the various pieces together from the filing) is that the old GM was not doing a very good job focusing on the higher grade veins and the Company shifted their focus once he left.

Believe me, half of this comes from inferred logic based upon facts in the filing, and half comes from a "hope" that something dramatic did actually happen in the quarter that explains both the Q3 drop, and the Q4 improvement.  I DO NOT want to have to wait until April to get another update and am hopefull these recent changes may mean they get to commercial production by year end so they can issue a fact based press release about the state of the mine.

Fingers are crossed.