Cora Gold Share Discussion Threads

[finster007] 16/8/2021 22:56

Chesty - I needed a gold play in my PF, been researching this since Friday since you mentioned it and am in 💪

[davethechef] 16/8/2021 19:04

Very thorough & positive report that miningmaven article, includes the below;

In this vein, Cora Gold (LON: CORA) looks to be on the verge of assembling something truly transformational at its fully-funded Sanankoro project in Mali following its recent delivery of another set of powerful drilling results.

Indeed, as with every piece before it, this latest piece in the puzzle considerably strengthens the case for Sanankoro being a game-changing gold project that could generate huge returns for investors.

[davethechef] 16/8/2021 18:59

Thanks to AG1989 on LSE highlighting this evening, below report

hxxps://miningmaven.com/blog/1182-cora-gold-set-for-significant-growth-as-sanankoro-s-stellar-results-continue-cora

[chesty1] 16/8/2021 09:02

Solid buying continuing! Looking very solid

Feel sorry for those that bailed out on the shake.

Game on.

[bmwman3] 16/8/2021 07:39

Market Summary > @cora_gold LON #CORA17.47 GBX+1.42 (8.85%)?NEW ? 52-wk high 17.5016 Aug, 08:34 BST ·

[corrientes] 16/8/2021 07:32

On point of surpassing previous all time high

[oapknob1] 16/8/2021 07:25

Its a thing of beauty

[chesty1] 16/8/2021 07:05

Nice little start, next assay results around the corner!

This is just re-rating enjoy!!!

[bmwman3] 15/8/2021 21:19

Looking forward to tomorrow going to be up From the opening bell

[davethechef] 15/8/2021 19:05

Yeah I did think it would likely be a bit too conservative- Hopefully!?!

[corrientes] 15/8/2021 18:07

Oh ! and to have as leader of the free world, an imbecile as US president, preceded by a lying fool, the writing is on the wall for the US, which is why the gold price can only go up now. Big Business can't run the White House for ever, whose only concern is to make more and more money, and to hell with the country's future.

[corrientes] 15/8/2021 17:32

The Yankee debacle in Afghanistan should see a significant rise in the gold price, when it's realised that the US isn't as powerful as it used to be. It's therefore worse than the Vietnam debacle.

They might try and suppress the gold price short term, but it won't work when reality hits. 22.5p if you're optimistic about the whole situation, but nearer 30p, if things look really bleak !

[oapknob1] 15/8/2021 17:17

Enough of the deramping there Dave ;-)

[davethechef] 15/8/2021 13:29

Just for a bit of fun; guesses for closing share price on day of Resource Upgrade RNS likely September/October?

I'll start with 22.5p

[meanreverter] 15/8/2021 10:27

Cora's market capitalization is presently two-thirds of Kodal's. Whether this ratio will be sustained is debatable.

[oapknob1] 14/8/2021 22:03

Sorry misunderstood

[smudge104] 14/8/2021 21:52

They report 1 metre at 1.14g that’s nothing to what Cora are sampling 1 meter at 1140 ppb, at 100ppb equal to 0.1g per tonne, even ther 6 m at @240ppb equates to 0.24 g per tonne, far from a ramp mate, rather the other way, they are valued far higher than us went up some 20% on Friday, yes they have other plays but on those results Cora must be worth multiples of kod

[smudge104] 14/8/2021 21:46

Oak, I was trying to point out the poor result of the latest drill, and they are worth more than Cora, wouldn’t touch them with a barge pole

[oapknob1] 14/8/2021 21:29

Yeah ok . 15,812,719,175 KOD shares in issue. Take yer pumping somewhere else

[smudge104] 14/8/2021 14:05

Another goldie in Mali is KOD, there recent drill results and market cap are astonishing £60 million and if I’m reading this correctly their drill results are based on small intersections like 2m at .o6 and a whopping 1m at 1.14g, anyone shed any light on this

Aircore drilling significant anomalism includes:
o 2m at 675ppb gold from 26m eoh in drill hole NLAC295

Including 1m at 1140ppb gold from 26m.

o 6m at 240ppb gold from 18m in drill hole NLAC230

o 1m 780ppb gold from 21m in drill hole NLAC277

(eoh signifies an end-of hole anomalous intersection)

(ppb gold is parts per billion - 100ppb gold equals 0.1g/t gold)

-- Aircore drill results consistent with the initial reconnaissance drilling that discovered the Nielle mineralised zone.

-- Kodal's recent drilling campaign has successfully extended the Nielle gold mineralised trend as well as confirmed high grade gold mineralisation.

-- Follow-up and infill drilling to be carried out in the next phase of work.
Bernard Aylward, CEO of Kodal Minerals, commented: "Our Mining Licence application for the Bougouni Lithium Project is now in the final stages of approval. The new Mining licence decree has been drafted and verified by the Mali Ministry of Mines and forwarded to the Secretary General's office. From this point the licence application is prepared for presentation at the Conseil des Ministres of Mali and following agreement will be formally approved. We will be monitoring the progress and will update investors as we receive further information.

"Our first gold exploration drilling campaign at the Nielle concession has been very successful. As previously announced the reverse circulation ("RC") drilling returned high-grade gold mineralisation and now our reconnaissance aircore drilling is demonstrating major strike extensions as well as additional parallel zones of mineralisation. This aircore drilling is wide spaced, however the tenor of gold anomalism returned is consistent with the initial drilling that discovered the Nielle gold mineralised zone. The Nielle prospect is at an early stage however the results received so far have given encouragement as to the possible resource potential here. Further exploration drilling will be undertaken later this year with the objective of delivering a maiden mineral resource estimate."

FURTHER INFORMATION

Nielle Concession

Kodal completed this reconnaissance aircore drilling campaign with a total of 152 drill holes for a total of 5,084m completed. The drilling was planned to target the strike extensions of the defined gold mineralised zone that has been confirmed by our initial RC drilling as well as target new parallel targets that were indicated in surface geochemical anomalism.

The aircore drilling averaged 33m depth and intersected a weathered geological profile with the intersected gold anomalism associated with quartz veining and evidence of alteration. The bottom-of-hole gold anomalism further confirms that the surface gold geochemical anomalism relates to primary gold mineralisation and is a reliable exploration tool. Kodal's review of the historic exploration has identified further targets requiring reconnaissance drilling and this completed wide-spaced aircore drilling requires infill definition to target initial RC drilling.

The Nielle concession has a gold anomalous trend extending for over 4.5km and remains open along strike. This significant trend has already confirmed high-grade gold mineralisation with RC drilling and this work is demonstrating the potential for additional high-grade primary gold mineralisation. Kodal is planning the next phase of exploration and expects to commence work at Nielle following the wet season in northern Côte d'Ivoire.

[chesty1] 14/8/2021 06:38

Sounds very nice OAP bring it on

[oapknob1] 13/8/2021 20:34

Cont..Goldman Sachs is expecting gold prices to break out of their tight trading range this year, with inflation worries stoking demand. Goldman has a $2,300 price target on gold. That's a 22% rally from current levels. That's what is said to happen when you print money like mad. Stocks and assets rise dramatically ... but without any link to true fundamentals. They may get a painful reality check. And we think gold will emerge as the big winner.

[oapknob1] 13/8/2021 20:32

Asset bubbles may now be too big to burst, creating a situation that Central Banks around the world might be unable to control. If it all comes crashing down, we think there's only one place to be ...Gold. The precious metal could rise as high as $3,000 to $5,000 per ounce in the next 3-5 years. That's according to the same fund manager who predicted the 2016 gold rally. As cited by Bloomberg, Diego Parrilla, manager of the $250-million Quadriga Igneo fund that called the last gold rally, massive long-term damage has been caused by wildly loose monetary and fiscal policies, and everyone is underestimating the huge risk as central banks unwind stimulus, with assets soaring amid artificially low interest rates. "Central bank money printing isn't really solving problems, it's delaying the problem," Parrilla told Bloomberg. "Gold will benefit purely from being a physical asset that you cannot print."But the rally may start even sooner ...

[oapknob1] 13/8/2021 15:24

You wouldn't want to be out of this over the weekend.Sorry someone had to. Doesn't need pumped assays speak for themselves. Before the negative comments about funding start read the previous RNS releases. Also management teams previous track record. Oh and if your not lazy the political situation in country is a riveting read.Good luck.