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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 Aug 14, 2014 1:32pm
158 Views
Post# 22842501

RE:Q2 estimate

RE:Q2 estimateDoubt cash flow will be $3 Million.  

Per 1Q14 report, DMM paid $2.5 Million in Ecuador Income and Employee Participation Taxes on 4/14/14, which is in 2Q14...  Nonetheless, my best guess is that DMM had cash flow of $2.8M for 2Q14 before taxes paid, and thus $300K cash flow after tax.

My guess is for 8,200 gold ounces produced.  Gold ounces sold should be similar amount.
Bullboard Posts