Cora Gold Share Discussion Threads

[amt] 16/10/2020 08:35

Plenty of cash and no more warrants so clear for takeoff

[wassapper] 15/10/2020 10:05

:-) - yes a few small sells.

[corrientes] 15/10/2020 10:02

This contrived movement probably means we're going to get some good news soon.

[csjcsl2] 13/10/2020 15:05

great potential but a long way off..will be back in around 10mths time..sp going no where for the time being

[baddeal] 13/10/2020 11:10

Glaveys history of posts here suggests someone who lost money either here or other small cap mining co.Exploration is speculative, some will find some won't. At least with this one it's backed by a known explorer developer and one of the worlds richest metal dealers/investors.I took a position a while back and happy to sit and wait as it develops. If/when it starts to move forwards I'll then add further.

[glavey] 13/10/2020 06:44

Lifestyle company.

[parsons4] 12/10/2020 14:29

Well I think the RNS rules out a further placing. There is loads of upside here in the very short term IMHO

[hickersp] 12/10/2020 11:12

Something cooking?

[bo doodak] 08/10/2020 12:17

It has been a bit of a waiting game, got a 8.5p average now, but I think the wait will be well worth it. The main determinant that piqued my interest was the original shareholder base, their knowledge and history of success, and that they have kept investing, whilst RNS's continue to appear. The term sheet is just icing on the cake.
Its a great risk/reward play.

Sometimes I feel, investors tend to over analysis things.

[zedder] 08/10/2020 09:57

Those that have been exercising warrants at 10p obviously don't think so. Plus that will have upped the cash balance.

[parsons4] 08/10/2020 09:14

All good news on Mali but no interest here whatsoever !! I hope that a placing is not on the horizon ?

[baddeal] 07/10/2020 17:00

I'm in no rush with this one.took a position 12 months ago and added to it slightly since. Stick it away until 2022 and then see where it is imo

[felchandbart] 07/10/2020 13:17

Have taken a couple of nibbles at these, today, and a few weeks back. It looks like an exciting story could develop here. I'm hoping I've got in pretty much near the bottom (for a change!).

Crystal ball gazing, are we likely to see any material gain in the share price by Xmas, say 20p by then, or does that sound a bit optimistic in the short term? If so, where do those who are more informed/knowledgeable than me expect to see the share price by Xmas 2021? Feedback welcomed.

[edgein] 06/10/2020 16:00

Corrientes,

Yes, agreed. They may as well get them at the bottom, they'll likely be paying more when we get closer to the DFS.

Regards,
Ed.

[corrientes] 06/10/2020 15:47

Edgein - I think these announcements are highly illuminating, coming at this particular time, and also reassuring.

[edgein] 06/10/2020 15:01

Corrientes,

Yes Lord farmer up by 1% to 14% and a new entrant for almost 4% of the company. Free float getting squeezed again.

Regards,
Ed.

[edgein] 30/9/2020 12:00

Corrientes

Very true, Mali should be sorted by the time these fellas are pouring gold.


Good to see another £300k of warrants exercised at 10p, more cash in the bank at a premium.

Regards,
Ed.

[corrientes] 25/9/2020 16:59

Edgein - Just too many countries interested in Mali to allow it to atrophy for too long, despite some military involvement at the moment. Mali badly needs inflow of tax money, and given very recent history I just don't see any form of insurrection here with accompanying major changes in mineral laws.

[edgein] 25/9/2020 16:00

Corrientes,

Nice one. I think Godot is due around late next year with the arrival of the DFS and the looming funding package but don't imagine these guys will sit on their hands between here and there. Plenty more infill and assays to come between here and there. I agree though with your initial take though, west Africa is a great location for shallow economic gold. Hopefully by first gold pour Mali will be more politically stable to get business sorted because southern Mali is a mineral hotspot for sure.

Regards,
Ed.

[corrientes] 25/9/2020 12:55

I originally bought into this company because Mali/Senegal was a prolific gold mining province many centuries ago, and with technical advances, the best place to find more gold is where it already exists. I now have, for me anyway, a sizeable six digit holding, accumulated over the last two years or so.

Taking a long view, you can take advantage of buying when prices are low. Like you, Edgein, I'm in no hurry. I do think that most gold investors are very aware of Cora, but people have short time scales these days, so don't want to hang around supposedly waiting for Godot. What they have to remember, is that prices can stay neutral or drift for absolutely ages, but the spike by comparison, can resemble the speed of light, so if the average punter is not in before this happens, he's unlike to get in cheaply,if at all. IMO.

[edgein] 25/9/2020 12:34

Corrientes,

As you know these miners are all long term if you want the multibags. But old Ed here prefers to buy and post on stuff before it does that. No real point in posting on something that has hit fair value as that's selling time. People buying now are getting in cheap, yes its totally overlooked. Everything they've been doing has been +ve, new discoveries, increasing the strike length, getting really positive met test results. Combine that with the current robust gold price and like you say its just a case of holding for the DFS and qualification of the funding package. I'm quite happy to wait through the progress to come to that point. This one won't be about the spikes in between, well not for me anyway.

Regards,
Ed.

[corrientes] 25/9/2020 12:15

and the warrant holder was Lord Farmer !

This share can continue to bob about for months, but well before the DFS is complete, sometime next year and barring an act of god, the share price will see a huge leap upwards. None of the recent excellent announcements have done anything for the price, but my goodness me, how all the bits of this particular jigsaw puzzle are slotting into place. Talk about looking a gift horse in the mouth !

[edgein] 25/9/2020 11:06

And another £1m ish in the kitty. Good to see those fellas still keen to exercise those out of the money warrants. They're obviously looking forward to the future upside.

Regards,
Ed.