Core Gold DMMIF

share price

[RONNIE111]

The share price dropping  is a worry, but as was said it is on extremely low volume.  Just means nobody wants to buy right now, which is understandable.  But Core ,and Dynasty before, have always been a risky deal, but with possible very big payoff.  Nothing has changed in that regard. There is still loads of time for another deal to come forward.  I would think (not think- know)  that there are many companies in Ecuador who are looking very seriously at Core Gold.  Ecuador is the new hot play.  And Core has some very good already proven assets:  Dynasty Goldfields and a fairly large operating mill. And besides this they have one of the more interesting unproven properties in the whole world : Copper Duke; and than a bunch more properties to numerous to list.  

And these companies must be looking at this offer, the reaction to it by Core shareholders, and thinking: hmm maybe we could steal this whole   thing for say $70 mil C, 50 cents a share. By spending as little as  $10 to 15 mil more they would have a hundred thou oz per yr gold producer, and a shot at finding the next big world class copper mine.   And as a mid sized Core shareholder if the choice was between that and this so called offer we have, I would be tempted, even tho it is about half what Core should be worth even without any furthur drilling.  And these companies must know that if this deal were to proceed than the opportunity they have now is gone.

So it is early, and I am not selling.   For me to sell now after all these years, and than tommorow a good new offer comes in and the share price jumps to 50 cents , would go against all that has held me here so long: that Core has amazing properties.  And even if no offer were to materialize, and it is early to figure were all the votes are, but I still think there is a very good chance to skuttle this deal.