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Bullboard - Stock Discussion Forum 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 Discussion

Core Gold > no surprise
View:
Post by bailey2 on Aug 31, 2016 5:36am

no surprise

No use quoting AISC numbers. Only going forward can look at the positives, if you believe the rabbit can be pulled out of the hat. 
New management
Vertex is on board?
Green Oil is on board?
Government is on board?
No overhead for Dynasty on DG

My question for the board is: When Washer steps down as ceo does his management company
still get 36000 a month, and does he still get payments to his companies? 
Follow up question. How much money do you think  Dynasty will need in new share issues?
Comment by mtsuit on Aug 31, 2016 7:55am
Working capital needs to go from current -16mm to +5mm.  And the company is very likely still losing money every day and there's probably a backlog of deferred development. Part of the gap will be covered by selling Jerusalem. The rest will have to be new equity issuance. I
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