Core Gold DMMIF

RE:RE:RE:RE:RE:RE:Circling the wagons...

[Multioz]

"...only needs 3 million dollars spend to get us up to 50000 oz per year, will undoubtedly bring a mid to large mining company to the table to partner, or even takeout Coregold"

"Build it, and they will come"  !?!?
...No reserves needed.

Not sure how the previous transaction was unfair and unreasonable?  Looks like the ruling is the fairness opinion failed to pass being independent (pushing the interp to say unfair?).  Just doing the basic math..., for Core to raise the same money just turned down... US$14M at a 20% discount to current price (So raise at US$.11/C$0.14) would take circa 128M bits of paper.   So to buy in now, a 100% position for current shareholders could dilute to a 56% position, but with no other assets brought to the party (Which might be handy the direction Ecuador sovereighn risk is shifting?)

Not sure what the next vote is for? - If held, might be a hold, but for an entry, I'll set an alert for C$0.15 to check again - might be worth a punt when more in line with a current valuation, or might pay a bit more for exploration upside if something puts a catalyst for the stock in the near future.  Will check back in after Sept 3?