Core Gold DMMIF

RE:Misleading Corporate presentation!!!

[Multioz]

Alchemist,
nothing misleading about this presentation.  Have been working on why this Company has gone from 6Moz to 2.1Moz in the last couple years doing no exploration.  Jerasulem is just not there, taken off the Company for lack of work/expenditure.

Zaruma being swept under the carpet.  Previous resource so poorly done, they no longer want to talk about it (and no unrgency to update underpins this).  Also, note that the current Dynasty resource modelled with the same method.  A house of cards propped up on an old 43-101 for Dynasty off of not much drilling. 

Nothing's changed on these projects since 2008, and a bit early to get excited about this if just now kicking off a dataroom? (should'be been done a couple years ago?).  Sounds like lot's of mid-tiers and majors have already kicked the tires over the years, and the larger players understand that these are all fairly early-stage projects.  If a data room can re-generate some interest, it will still take alot of time for major and mid-tiers to work through a data room, site visits, negotiationa, Due Diligence etc...  Easily more than a year to outline a transaction with an exisitng producer with the balance sheet to take on early stage projects in Ecuador.

Hard to believe there was shareholders in this that knocked back cash ready to put into this Company!  Hopefully the gold price holds long enough to get another offer to fund, and shareholders alot less fussy about who offers.  ASX commanding better valuations than TSX.  A  better supported market could be of more value than a major who can outspend a junior in advancing some early-stage projects?  The value here lies in some exploration work getting done and put out some real ounces with some confidence behind them, so will wait for a transaction as catalyst to move on this!