Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by bailey2on Jan 02, 2020 8:05am
184 Views
Post# 30510240

A Buy

A BuyAlthough agreeing with the negativity of the whole Titan deal. The bottom line, is, I think Coregold is a buy at 21 cents. If there is not news from the good guys, and a white knight deal, or an interested party coming back to the table, retail shareholders will have to assess valuation. Legal disputes, in the likes of Peru etc, can go on forever.  If this hostile takeout can not be stopped, and it certainly looks like if there is no rabbit pulled out of the hat very soon , it will go forward. So although Titan has no intrinsic valuation, without Coregold, once it steals all the assets, it will have billion dollar market cap  potential. Coregold trading at 21 cents,  at 3.1 shares per, would have Titan trading at around 7 cents. With any company that ultitmately steals Coregold's assets, it immediately becomes a gold producer of around 20 thousand oz;s ,, with a rising gold price, and tremendous potential for increasing assets with a little drilling. I am hopeful, that there is a way to stop this takeover, but if nothing happens soon, one has to assess if Titan which is currently non-trading at 18 cents, is worth 7 cents, and any potential with all the assets of Coregold.  If it is, Coregold is a buy at 21 cents. imho
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse