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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 > Drill,dril,drill
View:
Post by bailey2 on Aug 16, 2019 10:59am

Drill,dril,drill

Once financing is in place, this will be the company to watch when the drill bits get turning. One can almost forget thet they have a 2000 tpd processing mill that can be ramped up very easily to 50000 oz annual production to get good monthly cash flow. And a whole bunch of warrants at .45 cents that could bring in milions of dollars if exercised, in the coming several months. Copper Duke, Linderos, and Dynasty Goldfields are extraordinary properties. Just will take a" drill  bit of time", until there is,  in all likelihood,  a bidding war for each property. Hopefully Coregold is around to see this through with a talented mining partner, and is not taken out at a steal before this turnaround gathers steam. glta
Comment by merlin991 on Aug 19, 2019 11:42am
Yes back to basics now that the charade is over. Proving up the resource will help no end. Q2 results should be out soon. With 1500 gold cash flow will be better. No more the sky is falling from the 'team'.  The 'team' is being watched very carefully and with the improved cash flow optics will improve. Better optics will mean a better deal. Some warrant money also coming in ...more  
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