Cora Gold Share Discussion Threads

[corrientes] 14/4/2020 16:31

Prima facie, trades give the impression virtually all sales today,and looks to me like a significant holder selling out,though price holding up,but what the heck do I know. The way these market makers operate is very confusing, but that's to be expected I suppose.

[zhockey] 14/4/2020 10:12

Price of Gold at multi-year highs and Cora at multi-year lows.

Looks like the situation is equalising.

[corrientes] 14/4/2020 09:49

The price of gold wouldn't have anything to do with it ?

[hickersp] 14/4/2020 09:32

Anyone know reason for the rise today?

[corrientes] 06/4/2020 08:37

Don't know about the specific political risks of operating in the area which makes it a no-no investment, and there are far bigger companies operating in that part of Africa.. This one is in Southern Mali and Senegal where corona virus isn't a major problem and company/employee relationships seem as good as they could be.

You can't have everything, or it wouldn't continue to be regarded as a mining spec !

My personal bet is that these are very abnormal times, and in the stock market equally so, so when things revert to some sense of normality, a few bold persons will make a fortune at the expense of many many others. That's life for you.

[zhockey] 06/4/2020 08:24

You have to factor in the political risk of operating in Mali as well.

[corrientes] 30/3/2020 17:59

Agreed, but we're at the bottom of the staircase just now, not at or near the top when most are sucked in by the inevitable hype. For me,50p would be like winning the lottery, but I'll settle for a lot less than that.

[baddeal] 30/3/2020 17:25

I had a punt here a few months back. It all depends on what they find and how much dilution we then have to take to exploit the opportunity. As with all expo companies high risk high reward. 50p or 0p I suspect

[corrientes] 30/3/2020 11:41

If you have a company with a ridiculously small cap, and with everything to play for, then even with a half decent chance of success in two hot areas,Mali and Senegal, the likelihood of eventually seeing a steep acceleration of the share price must be pretty good now.

As a casualty of the general market downturn, when the market eventually gets to look at explorers.this one seems a standout to me. The same RNS,like today's, in less stressful times, would have seen a positive spin being taken, but with virtually all news taken as bad news these days,its a chance for the smaller investor to make some money. I've put my money where my mouth is.

[ntv] 18/3/2020 16:57

yes you were

[plat hunter] 11/3/2020 13:42

Wow wasn't expecting it that soon lol

[plat hunter] 11/3/2020 12:44

Soon be 4's

[avsome1968] 25/2/2020 21:34

Spot gold price action looks like it is taking a breather now considering the precious metal is lower on the day by about 0.5%. Catalysts for today’s modest dip are limited when taking the theme of widespread risk-aversion into account, which typically bolsters bullion.
The small pullback in spot gold prices today also seems peculiar in light of the spike in volatility and US Treasuries. There is generally a strong positive correlation between the price of gold, US Treasuries and volatility.
GOLD PRICE CHART TECHNICAL OUTLOOK

Chart created by @RichDvorakFX with TradingView
That said, the latest bit of downside in gold might be driven by healthy profit-taking and unwinding of long positions after the precious metal skyrocketed to its highest since January 2013 yesterday.
Gold prices appear to have found initial technical support around the $1,635 level and 23.6% Fibonacci retracement of the commodity’s most recent bullish leg. This area may have potential to keep bullion buoyed going forward before a retest of the $1,600 price level might be considered.

[avsome1968] 25/2/2020 08:53

Zhockey

Grades could've been better but only shallow holes that can change with the deeper holes, the new mineralised c zone is a big plus to coro that will add more valued ounces to our expanding portfolio, looking forward to next set of results.

Gold reached a low $1638 new resistance, now heading back up an improvement of $80 in 10 days great for all gold companies, can see gold testing 1700 a few time before reaching another level, this virus not going away short term, can see further bad news to come in the markets, china disrupting export supplies this will filter in the market next few months.

Bert Monro, CEO of Cora Gold, commented, "This latest round of drill results has identified a new +1,500m long gold structure representing a continuation of Zone B North. This is particularly encouraging given that the shallow drilling undertaken is only designed to provide a guide to the location of the structures. This has similarities to early results from Selin before deeper holes were drilled, and a maiden Resource was declared. Additionally, a further 500m of strike to the west of Zone C was also identified as a new mineralised zone. I look forward to releasing the remaining results from this programme once they are received."

[avsome1968] 25/2/2020 08:34

Bit of patience needed, more results to come, gold taking a breather. also seen strong director buying here months ago, can see this hitting 10p again if gold can stay or improve from where it sits now. Market cap 5m 66m shares Hmmmmmmmmm tad under valued me thinks.

[zhockey] 25/2/2020 08:23

This looks hugely significant, surprised the share price hasn't doubled on this news.

[glavey] 25/2/2020 04:49

The insiders will be happy for you to avsomemore.

[avsome1968] 24/2/2020 17:20

Also market cap of cora under 5 million , certainly lagging behind the gold boom, chart looks good for a 20% rise here under value for sure.

[avsome1968] 24/2/2020 10:12

Hmmmmmmm my 108 k trade not come through

[avsome1968] 24/2/2020 10:00

well took the plunge here 108k purchase gold flying, Hum will take this out in the coming future owns 33% of the shares, also own hum bit over weight in them thought I would diverse here, building up a nice reserve of gold here, and only 66m shares this could easy hit 10p next 3.4 weeks with the continue gold price moving further north and with corona virus taking a hold.

[texaschaser] 21/2/2020 12:51

topsharepicks thinking this going to the moon. no credibility.

[texaschaser] 21/2/2020 12:49

when known ramper of his own book topsharepicks pumps on LSE time to get out of dodge city LOL. He deramps anything he is not in like Iamgreat1 aka @thelongergame

[hickersp] 11/2/2020 08:37

Excellent news today. The story is developing. More to come here. Add on the dips. All imho, dyor!

[corrientes] 20/1/2020 19:18

Its all so one sided here,and assumes no further resource will be ever be found but money will always be needed to develop only what exists ;hence dilution.This is an EXPLORATION company,with much better exponential growth,so if one is talking about a company that has no potential, then CORA isn't for the naysayer,but is definitely worth a gamble IMO.

[zhockey] 20/1/2020 08:03

How much funds do they have and when will the next placing be?