OTCQX:DMMIF - Post by User
Post by
bailey2on Aug 03, 2019 8:25am
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Post# 29991493
Valuation
ValuationValuation is absurd. Should be at least 70 cents presently. Shoud be trading at same market cap as Harte Gold, with only less than a third of their debt levels. That unfair and unreasonable merger brought on by the BOD 4 has taken money out of our pockets. Would have been producing a run rate of 50000 oz per year, and drilling Copper Duke . No resignations yet?
With Lundin starting production and gold over 1400 all eyes are coming to the sector and Ecuador.
Need expertise and equity from a mid to senior partner to get Coregold to the next level. Get a whole bunch of manpower, and drill rigs turning, like Zhaojin was going to do. Only needed 4 million to get the mill up to 2250 tpd from 750 presently. Perhaps Lundin would put in 30 million for blue sky potential returns. What about Zhaojin? Coregold is a producer and owns some of the best mineral properites in the world for blue sky potential. It was almost stolen from us shareholders by the unfairn and unreasonable merger put forward by our own Board of Directors. Hopefully, this is the dawn of an new era for our company. Time will tell. glta