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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 Stoploss1on Dec 07, 2015 5:17am
125 Views
Post# 24360448

RE:Little chance of bankruptcy but...

RE:Little chance of bankruptcy but...The worse possible outcome is for DMM to sell off its assets to a major company with deep pockets or even a Chinese company who is looking to buy. The question is how much...maybe between $25 to $75 million.....which will provide a share price between $0.50 cents to $1.50. I also believe that Sprott is playing a game with the goal of obtaining cheaper shares, if DMM have to raise cash, or maybe even purchasing the assets.
Bullboard Posts