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Core Gold DMMIF

Metals & Mining Industrial Metals & Minerals
Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.


OTCQX:DMMIF - Post by User

Core Gold > Is TITAN our SAVIOR overpaying? they should reduce the bid!
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Comment by Pipes33on Oct 24, 2019 9:42am
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Post# 30263631

RE:RE:RE:RE:RE:Is TITAN our SAVIOR overpaying? they should reduce the bid!

RE:RE:RE:RE:RE:Is TITAN our SAVIOR overpaying? they should reduce the bid!I own a nice slice of Core actually. I have bought consistently since the announcement that Titan was bidding. 
But it is worth noting Titan currently own US$2.5m of secured debt in us plus outstanding interest. Probably another US$500k. They have invested US$3m cash in stock into us. Based on those numbers that is 25% of our current market cap if coverted into equity. So if they are worth zero then we are in all sorts as they will fire sale us. The last I looked they have $8m in cash.  
Anyone who has cash and can get cash is the King maker. So yep again, happy to back them in with my stock. In fact i reckon I probably own more of Core than you...? 
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