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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 highperon Jul 18, 2018 1:59pm
100 Views
Post# 28333986

RE:Paper

RE:Paperbuying volume is required to clean up any share overhang... the situation with elipe is opaque and any resolution on that front won't impact the market and the share volume until it happens.. Drill results at Linderos if positive might significantly increase the volume of shares traded... Presumably they are at least now drilling their third hole there... Can one assume their geologists have surveyed the second drill core and now know if they hit and met their expectations in regard to the existence of the targeted shear zone.  it would be good to know if they paid a little extra to ship drill core #2 to  the assayer so as to get it assayed as quickly as possible.. The company does not have a big exploration budget so they would be prone to moving on if they were not being encouraged by the results.... who knows ... Let's hope the assayer delivers the assays on time at least..

copper duke is on deck ..... I wish they had packged their drill plan a bit more effectively.... the more the market knows about the targets the intent and the extent of the proposed drill program the better. Who is going to place bets based upon such a vague formulation of the exploration plan. it is a great property. it does have some great showings but exactly how are you going to proceed... Bottom line is how many targets and shots do the shareholders have to hit the big one at copper duke.... speculators bet on the basis calculated risk... there is not enough information of the copper duke drill campaing proposal to calculate much of anything...


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