RE:RE:RE:Core Gold Restructures Vertex Debt Well ..... shareholders can now credit CEO Mark Bailey, Lead Director Gregg Sedun and CFO Sam Wong with a current 53.3% decline in Core Gold share price since the March 9, 2019 board meeting when they rejected Zhaojin Mining's request for confirmation drilling to firm up their US$100 MIllion offer of partnership for a 20% equity stake in our company and a 60% share of the Dynasty Goldfields Project.
March 8, 2019 close of $0.30 per share ..... closed today at $0.14
Pathetic, just bloody pathetic
Time you you gentlemen to tender your resignations.
https://stockhouse.com/companies/bullboard?symbol=v.cgld&postid=30051610 Lead director Gregg Sedun and CEO Mark Bailey have presided over a
45% drop in our share price from the March 8, 2019 close of $0.30 when they
terminated Keith Piggott as CEO and President during the weekend of March 9
2019 ... and now we're trading at $0.17 .... while the entire junior and
mid-tier gold space is up anywhere from 25% to +100% with the $200 rise
in gold prices in the same time period.
Gold price pushing $1540 / oz
2.1 million ounces of gold under production at Dynasty Goldfields. Average resource grade around 4 gpt
2.5 million ounces of gold in the Zaruma Project concessions with over 7 km of underground development at the Cabo de Hornos MIne. (Currently flooded, but as I recall, the upper levels are still currently profitably mineable with gold anywhere over $1350/oz. Average grade over 12.0 gpt
An operating processing plant with current capacity of 750 tpd with potential to increase capacity to 2000 tpd with a small capital investment of US$3 million .
A possiblility of doubling or tripling of the gold resources at Dynasty Goldfields
Huge potential on the Copper Duke Project.
Promising initial drilling on the Linderos Project.
Unknown status of the Jerusalem Project and its 1.2 million resource ounces of gold
All for a market cap of C$23.5 million.
Awesome performance Gregg, Mark, Leonard, Javier, Sam ... and your little minion Luis, too.