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Core Gold DMMIF

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

Comment by The_Alchemiston Dec 20, 2019 3:24pm
170 Views
Post# 30477996

RE:We were offered C$0.415 in real value

RE:We were offered C$0.415 in real valueThank you, Tad.  I trust your numbers more than my my quick addition.

Personally, I think the most important aspect of the deal, and the part that Core Golds corrupt management doesn’t mention in the offer is the fact that current shareholders would still reap in 60% of the future upside in Core’s assets.  When you consider that the current offer is $.40 a share for 40%, plus shareholders get to keep two exploration assets, they’re assessing the total value,  including the debt at over $150 million... because of current management we are trading at a market cap of $37 million.  What a bunch of savvy business minds running this company in the ground. 

The Titan deal is all for “nothing”.  Titan is almost worthless. The only upside is for the criminals insiders in Core and Titan.  

I’m expecting the Supreme Court of B.C. to embarrass these con men once again.  Their crimes are embarrassingly transparent.  It’s pathetic.

All my opinion 

The Alchemist 
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