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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

Comment by bailey2on Oct 26, 2017 7:23am
121 Views
Post# 26860670

RE:RE:RE:RE:RE:RE:The ducks.

RE:RE:RE:RE:RE:RE:The ducks.Name change
Management major holders and involved in recent financings
Low cost surface mining
June guidance 800 tons per day-15000 to 20000 oz at 800 US for remainder of 2017
monthly debt repayments negotiated
Vast Dynasty Goldfield -Copper Duke-etc near surface mining companies concessions to be drilled
with blue sky potential.
Focus changed from costly Zaruma underground project
Ability to expand processing plant to double production.

Been in the markets a long time. Sure seems to me that those ducks are sitting there all lined up
perhaps with the exception of Robert Washer wanting to sell 1.5 million shares. But on a positive note, price appreciation is money in his pocket as well, so he is on the same game as the rest of management. Yes, very short term  will be massive dilution, but if things work out, kudos to the present management team righting the ship, investing their own money, and saving the Titanic from sinking.

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