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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 > good feeling
View:
Post by RONNIE111 on Jan 11, 2019 8:32pm

good feeling

When I start getting impatient, start thinking it is hopeless; I just remember that DGF as it is now (without more drilling that could prove much more resource) combined with a hundred thou oz per annum mill has to be worth $150 mil.  And that Core doesn't have significant debt.  And the upsides:  Copper Duke, Linderos, the price of gold.  And that they can get to that hundred a year by spending around $5 mil.  
But please, please, please: get a little money Core, expand the mill, get this thing moving.  Even now the share price should be a buck, and we sit at 23 cents.  Do what it takes!
Comment by flashcash on Jan 12, 2019 4:08pm
I totally agree with the resources, the problem is making it economic, we are just dragging along. I think we should stop expensive drilling and build up some cash. We could become a low ball offer victim.
Comment by Goldred on Jan 13, 2019 1:25pm
flashcrash, What would be a low ball price offer in your opinion?  I hope that it doesn't happen, I want Core to bring it home. Thanks, Goldred
Comment by flashcash on Jan 13, 2019 2:46pm
Worse case 50 to 75 million, we are worth 200 million easily !
Comment by RONNIE111 on Jan 13, 2019 10:02pm
Maybe all we need is a solid rumour of a buyout.  Something that would drive the share price to ,say, 75 cents.  Then all the warrants, options, etc., would come into play and there are, like , 60 million of them, give or take, and if the average price were 50 cents, give or take, and they were all purchased, that would give Core $30 mil.  Enough for them to build everything they ...more  
Comment by bailey2 on Jan 14, 2019 8:06am
The whole gold sector just seems so depressed with not a lot of interest from retail anymore Just my opinion. Goldcorp just gets taken out at only an 18 per cent premium to  a very depressed share price. And for some reason, it was public knowledge that it was being looked at by Newcrest and then ultimately Newmont. Keith is doing no good to our share price by running Coregold like a private ...more  
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