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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 > Paper
View:
Post by bailey2 on Jul 18, 2018 11:57am

Paper

No worries. There is a lot of cheap paper out there. As Tad has posted , someone or some people have bought the 6.6 million shares that have been sold, that are not accounted for by Washer. Their is a lot of cheap paper out there, tons, wth warrants attached. There are also many strategies used for selling of that paper, also. The sooner Washer's shares go, the better. The sooner we get out of receivership the better. The sooner we get drill results the better. However, it remains to be seen how much of the cheap paper will be flushed out, and by whom, so it could take until the new year 
for real significant price appreciation.( shares have to increase 100 per cent to get to over 60 cents) In the meantime there likely will  be a lot of shares available as good news comes out, for investors wanting in. But, Coregold could prove me wrong.
Comment by highper on Jul 18, 2018 1:59pm
buying volume is required to clean up any share overhang... the situation with elipe is opaque and any resolution on that front won't impact the market and the share volume until it happens.. Drill results at Linderos if positive might significantly increase the volume of shares traded... Presumably they are at least now drilling their third hole there... Can one assume their geologists have ...more  
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