Cora Gold Share Discussion Threads

[plat hunter] 18/5/2022 13:22

Well that certainly explains why you was ramping this at 20p then I guess

[q2g] 18/5/2022 13:19

Plat -You can put any spin on it you like, but the HUM share price tells a different story.

Please continue to live in fantasyland, dreaming up all sorts of justifications, and quoting bits out of context.

[plat hunter] 18/5/2022 10:34

You have a lot to learn q2g... Yanfolila fully optimised runs at 15% net margin on 2.1% grade.To put that into perspective, a like for like comparison on a debt free project, fully optimised is... Every 1 ounce from Yanfolila being equal to 2.5 ounces from Centamins Sukari.Now that you've seen what happens to the cost curve for 85k ounces at 1.8% grade... How on earth do you think cora can perform better with grade of 1.4% for 40k ounces???You are beyond clueless man.

[q2g] 18/5/2022 09:53

Oh, and I don't see Barrick pulling out of Mali anytime soon !

[q2g] 18/5/2022 09:48

Plat - individual companies like HUM have dreadful margins. At the end of the day, for the average company, the price of a commodity determines a companies' profitability in terms of the recognised ratios.

[meanreverter] 16/5/2022 18:46

Cora has the kind of deposit that will happily become a profitable dividend-paying mine. Of course, the present share price reflects a downside: namely, the country in which the project is situated. What the shares are worth is mostly about the risk you attach to that.

[plat hunter] 16/5/2022 09:15

No... that's a very naive understanding, there's so much more going on than the price of a finished product.Any net margin over 10% is considered excellent for a commodity producer. It's not just earnings that are leveraged it's also costs.

[q2g] 15/5/2022 18:39

Regardless, it's the price of commodities, particularly gold , that determines companies' profitability.

[plat hunter] 14/5/2022 11:54

Mali's land locked, closer you are to the sea the cheaper it is to operate. Lots of Malian producers have struggled with the cost curve since the coup. Regardless of what individual companies stating that the sanctions aren't hitting operations, they are certainly hitting costs.

[oapknob1] 13/5/2022 08:23

"We are hoping the new government will agree to elections, but this is a government that is committed to gold mining like every government before. They understand the critical importance of it and Mali is a good place to be in the gold mining industry."Or understand the critical importance of lining their own pockets.

[q2g] 11/5/2022 22:01

Mali's terrorism has been around for at least 50 year and its intensity and importance is totally overblown by the media, except of course for the poor people in the north who suffer from it. By far, the major part of the economic hub of the country lies in the central and southern parts, with the northern part of the country being really just a wilderness,

Anyway, gold exports are absolutely fundamental to the country's economy, so everything possible will be done to protect this valuable commodity, no matter who's in charge of the country. HUM's performance has hardly helped sentiment here, but that's a different story, and doubtless, mistakes made there will be taken on board by Cora. HUM is not representative of what's happening to the county's gold industry, but logic suggests that even there, necessary fundamental changes will have a beneficial effect.

The small mining market is all negative sentiment driven at the moment, which is a bit of a disaster for small would-be miners like Cora, which is hardly unique in this situation.

When the worm turns, it'll be spectacular in my opinion.

[oapknob1] 11/5/2022 21:21

Good article with mixed views.https://www.miningmx.com/top-story/49492-b2gold-aims-to-double-fekola-output-even-as-mali-struggles-with-new-democratic-order/

[oapknob1] 10/5/2022 07:23

The geopolitical situation is having a detrimental affect on investor sentiment.

[amt] 09/5/2022 22:44

What do those drill results mean apart from the fact that there is gold in them there hills

[plat hunter] 09/5/2022 15:34

Double bottom

[plat hunter] 09/5/2022 15:34

Lol chesty

[plat hunter] 09/5/2022 10:52

Look again you silly billy, the bid is lower than the close lmao

[chesty1] 09/5/2022 10:31

Cora up HUM down!

[paddyfool] 09/5/2022 09:39

I think the compliance officer at ADVFN has something to answer for today.

[oapknob1] 09/5/2022 07:46

2 NEW discoveries

[oapknob1] 09/5/2022 07:45

RC drill highlights at Zone B North:o 25m @ 2.38 g/t Au from 65m in hole SC0595o 27m @ 1.40 g/t Au from 18m in hole SC0600o 5m @ 4.64 g/t Au from 48m in hole SC0598o 20m @ 1.09 g/t Au from 83m in hole SC0597o 8m @ 2.47 g/t Au from 39m in hole SC0593o 8m @ 1.88 g/t Au from 39m in hole SC0593o 8m @ 1.74 g/t Au from 37m in hole SC0583· Two new discoveries - Fode 1 and Target 6 both in close proximity to existing Mineral Resources· AC drill highlights:o 2m @ 3.56 g/t Au from 41m in hole SC0572 at Fode 1o 6m @ 0.65 g/t Au from 66m, including 2m @ 1.62 g/t Au in hole SC0573 at Fode 1o 3m @ 1.24 g/t Au from 7m in hole SC0579 at Target 6o Awaiting results from RC follow up drill holes at these discoveries· Drill results consist of all the AC holes and the first 28 RC holes completed at Zone B North. Drill results for the later RC holes are expected imminently.

[theimpatientone] 09/5/2022 07:44

Not appearing on ADVFN yet ?

[sipptrader88] 07/5/2022 12:43

Me Too....I have a Major Stake in CORA! (my third largest holding out of my portfolio of forty + shares/investments)......and when in production you can guarantee exploration will carry on.......and IMO.......that's when you will really see the share price perform......remember open in all directions and depth......what lies beneath...!!

I appreciate that many are on the sidelines...for all the reasons discussed....but it could go the other way...and I just wouldn't want to be out of CORA presently for this reason......if the share price tanks on "Capital Raise" I'll average down.....simples!
GLA