Cora Gold Share Discussion Threads

[plat hunter] 06/12/2021 09:58

11% spread and staring down the barrel at the 8'sGlad I listened to the rampers at 20p now. Can't believe they called this one bang on, geniuses.

[plat hunter] 03/12/2021 11:32

4.5 million to progress development to the DFS is a lot of extra drilling.It's interesting just how much both cora and Hum and ratcheting up exploration beyond expectations with a little or no spare cash between them.I think it's safe to say that lionhead's term sheet is no longer a valid option

[oapknob1] 01/12/2021 11:20

As long as they drill and increase MRE again Q1 in time for DFS all good.

[chesty1] 01/12/2021 11:12

Yep would of preferred a higher placing price but the market always drags it back first! Decent fundraise and ready to play

Bring on h1 news!

[qs99] 01/12/2021 10:57

Now we know why the weakness!

Shame board couldn't get the fund raise higher, but in the bag, now let's get this share bagging from here before the next fund raising!

[tens machine] 01/12/2021 10:47

Placing at 10p rns out

[plat hunter] 01/12/2021 09:48

That's what we all said about 2021 Q2g... I wouldn't hold your breath, the world keeps surprising us all.

[q2g] 30/11/2021 16:06

As Chip says, the whole exploration sector is down, at least in the UK, and I suppose MM's need to protect themselves in a dodgy clime. so quality of find is temporarily irrelevant. Roll on 2022, for it can scarcely be worse than this year or can it ?

[oapknob1] 30/11/2021 15:27

Meanwhile the panic selling continues, life goes on. CORA need to fast track this DFS and get sentiment back.Toronto, Ontario--(Newsfile Corp. - November 30, 2021) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") is pleased to announce results from its 2021 exploration infill drilling program completed at the Diakha deposit on its wholly owned Diakha-Siribaya Gold project located in western Mali along the borders with Senegal and Guinea.Highlights include:Diamond Drill Holes (refer to Table 1 below)12 meters ("m") at 9.32 grams per tonne gold ("g/t Au") in drill hole SRD21-284 from 284 m including3 m at 27.15 g/t Au from 284 m13 m at 11.20 g/t Au in drill hole SRD21-303 from 277 m including2 m at 67.98 g/t Au from 279 m10 m at 11.70 g/t Au in drill hole SRD21-305 from 164 m including4 m at 27.63 g/t Au from 169 m17 m at 2.17 g/t Au in drill hole SRD21-300 from 177 m, followed by a separate interval of:20 m at 5.47 g/t Au from 269 m including7 m at 11.74 g/t Au from 282 m20 m at 5.40 g/t Au in drill hole SRD21-308 from 108 m including1 m at 69.34 g/t Au from 114 m13 m at 4.12 g/t Au in drill hole SRD21-307 from 224 m including1 m at 17.40 g/t Au from 225 m and2 m at 13.40 g/t Au from 233 m15 m at 3.91 g/t Au in drill hole SRD21-311 from 242 m including3 m at 13.06 g/t Au from 246 m and1 m at 11.40 g/t Au from 251 mReverse Circulation ("RC") Drill Holes (refer to Table 2 below)16 m at 14.00 g/t Au in drill hole SRD21-891 from 89 m including3 m at 41.95 g/t Au from 99 m20 m at 1.97 g/t Au in drill hole SRD21-883 from 43 m, including1 m at 21.89 g/t Au from 48 m, followed by a separate interval of:27 m at 2.12 g/t Au from 75 m including3 m at 6.52 g/t Au from 76 m and1m at 21.31 g/t Au from 101 m12 m at 4.19 g/t Au in drill hole SRD21-889 from 108 m including2 m at 18.84 g/t Au from 117 m32 m at 1.97 g/t Au in drill hole SRD21-907 from 88 m including1 m at 16.40 g/t Au from 89 m11 m at 4.96 g/t Au in drill hole SRD21-848 from 55 m including1 m at 39.80 g/t Au from 65 m24 m at 2.23 g/t Au in drill hole SRD21-882 from 43 m including2 m at 17.01 g/t Au from 54 mCraig MacDougall, Executive Vice President, Growth for IAMGOLD, stated: "We are very pleased with the results of our 2021 exploration program, which have helped to demonstrate continuity of mineralization between previously completed drill holes and better delineate the distribution and controls on high grade mineralized structures within the known resource.""The data from this program will help improve the current deposit model and support the completion of an updated mineral resources estimation as we continue to advance towards our objective of increasing total indicated resources to above 1.5 million ounces."In 2021, the Company completed a combined 19,952 meters in 131 diamond and RC drill holes with 22,328 assay samples (including QA/QC samples) submitted for analysis. The main objective of the drilling program was to infill and increase confidence in the current resources estimate for the Diakha deposit.Diakha-Siribaya Gold ProjectThe Diakha-Siribaya project is wholly-owned by IAMGOLD and consists of eight contiguous exploration permits which cover a total area of 596.5 square kilometres, located in the Kédougou-Kéniéba inlier of the West African Craton region of western Mali along the borders with Senegal and Guinea.Gold mineralization is hosted within highly prospective, Birimian-aged metasedimentary, volcanic and intrusive rocks proximal to the Senegal-Mali Shear Zone. At Diakha, the largest deposit discovered to date, gold mineralization occurs within an albitized sandstone unit similar to that hosting IAMGOLD's Boto Gold deposit located approximately 10 kilometres to the north along strike.The current mineral resources estimate for the Diakha deposit (on a 100% basis using a $1,500 per ounce gold price) comprises 15.9 million tonnes of indicated resources averaging 1.20 grams of gold per tonne for 615,300 ounces of gold and 18.2 million tonnes of inferred resources averaging 1.62 grams of gold per tonne for 947,500 ounces (see news releases dated January 30, 2019 and February 17, 2021).

[nickypg] 29/11/2021 16:32

Plathunter 12/10/21:"You should have been concentrating on HUM boys, not too late to change tact."

[corrientes] 29/11/2021 10:18

Let's hope CORA can learn from HUM's mistakes.

[farrugia] 23/11/2021 15:16

the cost per oz - does this suggest that the shares at the top are cheaper chipper?

[plat hunter] 22/11/2021 08:57

I'd imagine the recently updated MRE has thrown it out some what...But this is what I've been saying all alomg, the term sheet with lionhead is also practically redundant now and that the DFS is needed more than ever with regards to any idea of future progress.

[oapknob1] 22/11/2021 08:37

Why has the DFS timeline slipped? We're they not aiming for January?Now it's "expected" H2 so anytime up to June 2022.

[chipperfrd] 19/11/2021 11:18

I thought it an appropriate time to show the comparisons for CORA as they have just trebled their MRE.

[chipperfrd] 19/11/2021 11:11

This table shows the current cost(£) in terms of shares in a company to gain an interest in 1oz of their attributable AuEq resource. Little practical investment value because of all the factors that go into creating a profitable project - but I thought it an interesting exercise.



Code
AuEq (Moz)
Shares(M)
AU oz
£/share
£/oz
Progress
Yield%




ARS
17.858
1,943.2
0.009
0.024
2.6
4
 


ALTN
8.342
27.3
0.305
1.345
4.4
6
 


PERE
0.841
89.0
0.009
0.068
7.1
6
 


CNG
5.183
382.4
0.014
0.100
7.4
6
 


SOLG
68.964
2,293.8
0.030
0.255
8.5
2
 


RRR
0.795
1,216.7
0.001
0.006
8.9
2
 


CGH
14.396
689.4
0.021
0.205
9.8
6
 


PAT
1.494
97.9
0.015
0.160
10.5
2
 


PAF
35.964
1,928.3
0.019
0.196
10.5
6
4.8%


HUM
6.606
392.7
0.017
0.180
10.7
6
 


KEFI
2.015
2,152.9
0.001
0.010
11.0
3
 


VAST
0.533
295.0
0.002
0.025
14.0
5
 


CGNR
0.600
39.3
0.015
0.225
14.7
2
 


KAT
0.240
460.4
0.001
0.009
16.9
2
 


RMM
2.642
133.9
0.020
0.395
20.0
6
 


CNR
2.367
146.6
0.016
0.350
21.7
4
 


RSG
11.433
1,103.9
0.010
0.229
22.2
6
 


LND
1.015
105.8
0.010
0.293
30.5
2
 


GAL
0.521
74.3
0.007
0.240
34.2
6
 


CORA
0.809
247.1
0.003
0.116
35.5
2
 


XTR
1.261
845.1
0.001
0.056
37.5
2
 


SHG
3.327
1,048.1
0.003
0.121
38.1
6
0.9%


ROCK
0.230
1,081.6
0.000
0.008
39.6
2
 


AAU
1.300
1,091.7
0.001
0.048
40.3
6
 


POG
20.541
3,957.3
0.005
0.222
42.7
6
 


CMCL
2.751
12.1
0.227
10.400
45.8
6
2.7%


HOC
17.456
513.9
0.034
1.671
49.2
6
2.8%


MTL
0.624
2,071.3
0.000
0.016
54.1
6
 


SRB
0.935
75.7
0.012
0.715
57.9
6
 


GDP
0.216
172.1
0.001
0.075
60.2
6
 


ORR
0.132
1,994.0
0.000
0.004
63.6
2
 


PXC
1.056
116.9
0.009
0.675
74.7
2
 


PUR
2.532
438.9
0.006
0.520
90.2
6
 


CEY
11.323
1,156.5
0.010
1.038
106.0
6
10.5%


AAZ
1.252
114.4
0.011
1.160
106.0
6
5.1%


GRL
0.542
459.0
0.001
0.130
110.2
6
 


POLY
50.337
473.6
0.106
14.710
138.4
6
6.4%


FRES
48.743
736.9
0.066
9.518
143.9
6
1.9%


SGZ
0.279
59.5
0.005
0.710
151.4
6
 


EUA
1.712
2,853.6
0.001
0.270
450.1
6
 


GGP
1.279
4,046.5
0.000
0.160
506.1
3
 


OMI
n/a
188.4
n/a
0.125
n/a
1
 


TTAU
n/a
943.0
n/a
0.014
n/a
1
 


KRS
n/a
6,296.1
n/a
0.001
n/a
1
 


 
 
 
 
 
 
 
 


Averages =
8.5
 
 
 
66.0
 




Progress column indicates the stage which the company has reached (ie 1 = no resource ... 6 = in production). Chip

[oapknob1] 19/11/2021 10:54

And being pushed as a "go greener investment"

[bocarugga85] 19/11/2021 10:44

A lot of nervous nellies out there considering Gold is forming an almighty bull flag.

I actually want this lower.

[oapknob1] 19/11/2021 10:22

Shovel ready get your shovel. Just need a crew from Gold rush ;-)

[plat hunter] 19/11/2021 09:48

The longer it takes, the more it will cost ;-P

[oapknob1] 19/11/2021 09:34

Still happening

[plat hunter] 19/11/2021 08:18

Long time before that happens

[oapknob1] 18/11/2021 23:13

But it'll be coming out of the ground Plat. We'll see how the funding develops. Long term they have only based the MRE on 7km so the potential lift in resource will offset any potential dilution especially if the PoG rises above $2000 as per various predictions.