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
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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
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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
Tad on Dec 05, 2017 4:07pm
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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
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