Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 mtsuiton Jun 13, 2016 11:15am
142 Views
Post# 24960198

RE:RE:RE:Strange

RE:RE:RE:StrangeThat's just it.  I don't think it's possible to raise $900mm to build FDN.  The capex is too high and the IRR is too low.  They need time to optimize the mine plan and wait for a higher gold price.

Buying Dynasty would provide valuable in-country assets and an appealing capital markets story (raise an affordable $20-30mm now with a quick payback).  Operating experience from Zaruma and DGF would then benefit the future startup of FDN.
Bullboard Posts