Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Secret Valuation
View:
Post by bailey2 on Sep 21, 2019 8:59am

Secret Valuation

There are 3 seperate 43-101 that were done on Dynasty-Coregold properties in the fall of 2014

Zaruma -              M+I.  12.97 gpt.  1,094,000. gold ozs
Sept 2014            Inferred. 12.20 gpt. 1,448,000  gold ozs

Dynasty Gold Field   M+I 4.6 gpt. 1,022,000 gold ozs   38.5 g/t silver. 8.504,000 ozs silver
Oct 2014              Inferred   4.4 gpt.   1,118,000. gold ozs.            39.4 g/t. silver 9,901,000 ozssilver

Jerusalum          M+I. 13.8 gpt  422,000 gold ozs.    79 g/t. silver. 2,421.000 ozs silver
Oct 2014            Inferred    15 gpt.    856,000 gold ozs     98gpt.  silver 5,569,000 ozs silver

Total M+I  2.538 million ozs 
Total inferred 3.42 million oz   Total oz's  M+I and Inferred   5.95 million oz's

This was taken from the Coregold presentaion of summer 2018, one year ago, and from previous presentaions that included Jerusalum.

This does not include the blue sky potential of the Linderos discovery, the enormous potential of the Copper Duke property, and the fact that the company owns and is producing from it 2000 tpd nameplate, processing facility, currently at around 750 tons per day. 

Perhaps would be wise to ask the present BOD4 why during the past year, and culminating with the unfair and reasonable merger they got caught trying to push through, how did approximately 4 million oz's of gold disappear from 43-101's into thin air?
What is the status of ownership of Zaruma and Jerusalum? 
There literally has been no work done on any of these properties in the past 5 years. Each property is a company maker. 

What is the real secret valuation of Coregold? 2 or 3 dollars per share?
Comment by Tapps88 on Sep 21, 2019 10:00am
Hi Bailey2.  Jerusalum is gone. The Govt took it because Keith failed to pay the required payments due primarily to him choosing to allocate money to his own pockets. While there has been said there is some hope to get them back, the reality is it is no longer a concesssion owned by us. You can only hope they return it..  Zaruma has real issues. The reported reosurce is seriously bs ...more  
Comment by Pipes33 on Sep 21, 2019 10:14am
You sound like a novice Bailey2. Keep your cash out of the market if you think the board are hiding value. They have skin in the game and all they want is to see a better price and a team that can unlock the value.   What sought of mindset you have to think that way. But right now there is a stench with us. All caused by the Pink Pig and his pigglets. He smells and the market has smelt it for ...more  
Comment by Rogerram on Sep 21, 2019 10:45am
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities