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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 > BOD4-Titan
View:
Post by bailey2 on Aug 05, 2019 7:21am

BOD4-Titan

I see that Titan just raised 6 million dollars at .15 cents. What do our illustrious Board of Directors have up their sleeve now? Open up that data room and get some serious bidders in. Then resign as part of preconditions to great financing. Who is depressing the share price presently? HMMMM
Someone has made a deal to get in cheap, perhaps? Tell me it isn't so. Price should have went up after court ruling, not down.  Me smells some rotting fish. imho
Comment by flashcash on Aug 05, 2019 7:39am
Perhaps the money is to buy an asset off us, because if it is to gun for Core or our Keith again there will be trouble at the AGM ! It could also be to sort out the Peru issues or the bills for the court cases. No one knows but them. GLA
Comment by RONNIE111 on Aug 05, 2019 9:06am
If you look at Titan's 2nd qtr statement you will see that they have lost $3m A so far this year on operations, and anticipate a loss of another million in the 3rd qtr.  That is if you believe anything they say, which I am highly skeptical of.  They also have that $3 m US loan that they took out to think about and pay back at some time this year it seems.  That loan was to pay ...more  
Comment by flashcash on Aug 06, 2019 2:43am
If this is a heist and it looks like it, it will make a good film that’s for sure, more twists and turns than a rattle snake. At least with the gold price going higher cash should be filtering in. GLA
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