Cora Gold Share Discussion Threads

[darola] 19/1/2018 14:53

There or there abouts. They funded an 18mth drill programme from the flotation. Which would be to Q1 2019. The good news will come in stages - results of first drill due before the end of this month, which should be positive and should see the first of many legs up. We won't rerate in one hit, but with the MC so low, and the potential so high, there could be some pretty big steps along the way. %wise at least.

[croasdalelfc] 19/1/2018 14:48

Darola - what time frame -12 months?

[darola] 19/1/2018 14:38

Ah, but you get great leverage if you buy CORA direct. HUM might rise 20% on acquiring CORA, but CORA will rise 200/300/400% before then as the resource is proven and the rumours of takeover abound... Especially when you consider CORAwould still have a value of less than £40m and likely be sat on proven resources of more than 1m oz. All a bit of a punt, but it's better odds than most punts...

[ukgeorge] 19/1/2018 14:13

It is obvious that hum will either buy them or treat their ore so win win.....

[darola] 19/1/2018 10:37

You seem to be dithering a bit on this UKG. Commit lad!!

[croasdalelfc] 19/1/2018 09:48

I bought in the dip at 15-16 holding for next RNS nice to see it tick up

[croasdalelfc] 15/1/2018 13:15

Podcast out by CEO Voxmarkets

[darola] 12/1/2018 13:05

Looks like a good chance to top up. More positive news due at the end of the month. Taking a breather after the recent rise, but plenty more to come here.

[ukgeorge] 11/1/2018 14:49

Oh well, I also didn't jump in. Expect there will be a few opportunities in the coming months.

But, I would think there is a 90% chance that Hum ends up buying the company, which I find quite annoying as they spun it out of Hum.

[luckyvince] 11/1/2018 14:24

i could kick myself, i was looking at 12p but did not want to catch a falling knife. put my money elsewhere. up the best part of 50% now so a little reluctant. I will watch if it dips back to around 15p and then will have a bite.
Good luck, hope i dont miss out on another 50%.

[darola] 11/1/2018 12:27

Might be waiting a while. With more positive news due at the end of January the FOMO may push this way higher, we may not see this level again...

[croasdalelfc] 11/1/2018 12:08

Well I didn't buy in so missed a near 40% rise , I'll wait until share price settles and people take profit

[rickyhatton] 11/1/2018 08:26

"The Company has identified two additional targets at its Tekeledougou Project, which lies about 60 km south of Sanankoro and within 8km of Hummingbird Resources' Yanfolila Plant. Hummingbird Resources is a 33.85% shareholder in Cora."

[rickyhatton] 11/1/2018 08:17

"Cora is planning to complete up to 2,000 metres of combined AC/RC drilling on these two key targets at Tekeledougou by the end of Q1 2018."

I read this as probably a strategic switch of emphasis for much nearer time and cheaper production (and cash flow) and a win win for both Cora and hum.

[darola] 11/1/2018 08:04

Offering 16 to sell, but expecting this to go higher today and through January as the further news is pending.

[catsick] 11/1/2018 07:32

Visible gold very nice to see ! And drilling on existing known gold site 8km from yanfolilla is going to be a done deal to truck to HUM plant as a win win

[catsick] 08/1/2018 13:33

Looking very nice now, this got sold off way too cheap, my theory on buying these a couple of weeks ago was that the cora assets would be used instead of the agg ones they pulled out of developing as a jv, pretty sure we get some news of a deal with cora at some point soon ...

[darola] 08/1/2018 12:01

Good to see this climbing on low volume. Added another £10k this morning.

[croasdalelfc] 05/1/2018 18:26

Results of early drilling anticipated

[darola] 05/1/2018 17:29

It's too cheap!

[ukgeorge] 05/1/2018 17:15

Any reason for todays price action?

[divmad] 11/12/2017 13:05

OK Darola.

I'm in for 50k for starters. But there's quite a bit more on offer at 12.75p.

[darola] 10/12/2017 22:47

Sanankoro has the potential to be a mine in its own right, with Yanfolila currently capped at 150k oz, I don't think they'll be looking at CORA as an ore feeder, but probably a future M&A with an independent mine. HUMs experience and contacts, plus the pedigree of other CORA BOD members should get them funded and in to construction much quicker than HUM were. The gold confirmation is highly probable, the funding will be dependent on the AISC and POG, but assuming the stars align, it will be a pivotal point that should see CORA 10bag from here, so it's worth a punt because there is so much upside.

[divmad] 10/12/2017 20:17

Ah. OK I get you now Darola.

I wonder what base grade and tonnage would make Cora's prospects appealing to hum as a potential ore concentrate feedstock down the road (time-wise, I mean!)