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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 > Most promising potential in 40+years of investing.
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Post by Nuggetcatcher on Dec 02, 2017 1:14am

Most promising potential in 40+years of investing.

I have been in his game since the 70s and Murray Pezim days. I have never seen trenching results as good as these. If Core drills down these massive thick veins and hit 30-40-50 meters of thius type grade all hell will break loose. All 29 trenches hit gold and 4 of the highest grade ones are open in width??? Are you kidding me? I know some of you here are probably long time holders that have been very dissapointed. DO not sell when this hits 50 or 75 cents. Wait for the drill result. I am also a gold miner and prospector BTW so I know a little about which I speak. Bought a raft today and am not even close to done. This is what the youngsters call the  "REAL DEAL".
Comment by bailey2 on Dec 02, 2017 7:24am
Longtime shareholders like myself have always been intrigued by the untapped potential of Ecuador and the concessions that Coregold(formerly Dynasty owns. One would not think that there would be only one Frute do Norte discovered by Aurelian Resources in 2005. Although just discovered, the Linderos concessions might just be the next major discovery in Ecuador. Stayed tuned.
Comment by bailey2 on Dec 02, 2017 7:43am
Almost forgot to mention the recent release on Friday. Bonus to this breaking story is that with the new financing agreement, the company with production facilities in place already, will triple it's oz or production to somewhere around 70,000. For those new to the board, Coregold is presently producing gold in Ecuador.
Comment by Tad on Dec 02, 2017 10:25am
This post has been removed in accordance with Community Policy
Comment by edx on Dec 02, 2017 9:14pm
Agreed, the only downside is that it's 400km round trip. Fortunately gas is pretty cheap in Ecuador ($0.50/liter) so it's not a huge impediment, but the number of trucks they're going to need is quite large. I wonder if Green Oil will remain involved either as a contractor or as a vested party as they are at the Dynasty Gold Fields.
Comment by Tad on Dec 04, 2017 3:10pm
This post has been removed in accordance with Community Policy
Comment by LittleOwl on Dec 05, 2017 4:55am
Yes Tad, with everything going on here, selling shares (instead of buying) can only be justified by financial duress or a medical emergency which could include insanity !
Comment by robnhood on Dec 05, 2017 7:20am
That's why the company is selling another rack of shares at 30 cents. Are they insane?  This is now the fourth or fifth PP at 30 cents with warrants attached in the last year.
Comment by LittleOwl on Dec 05, 2017 10:09am
Hey robnhood, and who do you think is buying those PPs ??? Just try to participate and see if you get anything. That is why I keep shouting that this company is worth north of $2 but only the insiders have recognized the true potential. I mean, for crying out loud, look at Kerr mines KER for example, a great little company with good prospects, but they have nothing that comes even close to CGLD ...more  
Comment by bailey2 on Dec 05, 2017 5:44am
For new and old investors it would help to read press releases of the past year , to fully understand this rebirth of the company. The former ceo Rob Washer started expanding the focus of operations to include Dynasty Goldfields .,With the Zaruma mine having operational difficulties , lack of cash flow was a constant problem, New management came in and saved the company , by contributing their own ...more  
Comment by Tad on Dec 05, 2017 4:07pm
This post has been removed in accordance with Community Policy
Comment by auburn2 on Dec 05, 2017 4:25pm
Why doesn't he get rid of them in one private transaction? Sprott bought 5 million shares of JAG from Tocqueville Asset Management, L.P.. Do you know why he's selling those now? To be fair he used to be taking a good salary from DMM and he's not getting that anymore.
Comment by Tad on Dec 07, 2017 10:06am
This post has been removed in accordance with Community Policy
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