Cora Gold Share Discussion Threads

[someuwin] 31/7/2019 13:11

...Been looking at Resolute Mining. £750m valuation, divi paying gold producer with operations mainly in West Africa (similar locations to Cora)

It's strategy is to take stakes in smaller explorers to provide a future pipeline.

Is Cora's Tweet above a hint I wonder?

[someuwin] 31/7/2019 13:03

Cora Gold‏ @cora_gold · 51 minutes ago
Interesting to read this west African gold news this morning, click below for full details

Resolute Mining‏ @ResoluteMining

@ResoluteMining is pleased to announce that it has acquired @ToroGold, and will be adding the high quality, low cost Mako Gold Mine, located in Senegal, to its existing portfolio.

[bumpa33] 30/7/2019 17:34

Could be Wan, you can never tell, sometimes a stock will stay sleepy for ages, sometimes they wake up with a bang. This has potential though, I’ll be keeping an eye out for the next round of assays.

[wanobi] 30/7/2019 15:15

maybe Bumpa, but I can see someone is accumulating this daily now, so it might not be too long before others get wind of it :-) Cheers Wan :-)

looking at the longer term chart I'd say anything below 6p is good :-) LOL

[bumpa33] 30/7/2019 15:12

let's look for the bottom of that channel then wan :)

[wanobi] 30/7/2019 15:11

my CORA charts,,, please, anyone, do tell me to take them down if you don't want them here and I'll be happy to do so,,,, cheers Wan :-)


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[bumpa33] 30/7/2019 15:10

actually, on reading again, i think the q2/q3 drilling has been completed and it's just further assays due.

It looks like a tiddler that might just have something wan, if we were to be possibly looking at 2m plus ounces then things will hot up.



This is one to look out for as per possible further extension to depth "Assay results upcoming include a 212m orientated core hole completed at Zone A to test for sulphide gold mineralisation at depth"

[wanobi] 30/7/2019 15:06

indeed Bumpa, thanx, hopefully its just not being noticed out there as so many other goldies are stealing its thunder right now :-) LOL... conviction is the key word for me,,, how much can I show here, now's the time to load up and sit back for the next 2 years or so :-)… as I posted on the AAZ & wanobi thread yesterday;;; all words below from website or latest company ppt,,, I can't see this lot passing up the chance to get started asap with POG where it is :-) that's my take on it :-) Cheers Wan

Cora Gold’s highly experienced and successful management team has a proven track record in making multi-million ounce gold discoveries which have been developed into operating mines. Directors and Management own 15.65%..Lord Farmer, 13.16%... Hummingbird Resources plc HUM 18.41%... Scoping Study to be delivered in Q4 2019
…;..drill campaign focused on outlining higher grade areas in order to fast track the identification of starter pits!!!

[bumpa33] 30/7/2019 14:57

wan - been reading up more on this over the last few days, the SRK Consulting estimate didn't include any provision for depths greater than 100m, so the possibility of having a potential resource over and above the 1-2m ounces remains a distinct possibility with the release of the last two drill results. I also find the recent directorate changes interesting, particularly the guy who was connected with the Amara/Perseus takeover/merger. With cash in the bank, a string of very decent drill results, still some assays to report, a further Q3 drill campaign, and a Q4 maiden resource estimate, the mkt cap just seems too low to me.

[wanobi] 29/7/2019 16:05

added more today :-) GLA Cheers Wan :-)

[someuwin] 29/7/2019 07:08

29 July 2019

Cora Gold Limited

Gold Mineralisation confirmed at depth at Zone A prospect, Sanankoro

Cora Gold Limited ('Cora Gold', 'Cora', or 'the Company'), the West African focused gold exploration company, is pleased to announce that recent oxide assay results have demonstrated an extension at depth, of high-grade gold mineralisation at the Zone A prospect at the Sanankoro Gold Discovery, Southern Mali.

-- Oxide assay results from two Reverse Circulation ('RC') drill holes demonstrate depth extension of gold mineralisation to 90-100m from surface

-- Grades returned included:
o 27m @ 2.43 g/t Au
o 36m @ 2.40 g/t Au

-- Wide zone of gold mineralisation identified within 250m long high-grade gold zone at the Zone A prospect, which appears to plunge moderately to the north, providing a future exploration target.

-- Drilling stage of the current programme has now been completed in Q3 2019 at the Sanankoro Gold Discovery

o Assay results upcoming include a 212m orientated core hole completed at Zone A to test for sulphide gold mineralisation at depth

To view the announcement with illustrative maps and diagrams, please use the following link:



Jonathan Forster, CEO of Cora Gold, commented:
"These two deeper RC holes have demonstrated perfectly the continuity of high grades at Sanankoro that are present along strike and also to depths of over 100m at the Zone A prospect.

"The depth of oxidation in this part of Zone A appears to be around 110m, enhancing the prospect's overall mineability, which would likely consist of an open pit operation with potential for depth extensions. The results of these two holes are then an important step in the objective of identifying potential starter pit areas for any future mining project.

"The results highlight the apparent northerly plunge of the higher-grade zone, which remains open to depth and as such remains an attractive exploration target. This latest drill programme has highlighted the inherent potential at Sanankoro that is still to be fully realised and I look forward to updating shareholders with further upcoming results."

[rickyhatton] 24/7/2019 07:54

"Cora Gold awarded 100% ownership of the Tagan Permit, covering 82km2 across the highly prospective Yanfolila Gold Belt
• Tagan Permit located approximately midway between Cora’s Sanankoro gold discovery and the Yanfolila Gold Mine, operated by significant shareholder in the Company, Hummingbird Resources Plc"

[someuwin] 23/7/2019 11:47

Lord (Michael) Farmer's wealth is listed as £141m in the Sunday Times Rich List.

He co-founded the Red Kite Capital Management hedge fund and Mine Finance Fund.

i.e He's not short of a bob or two. And a useful ally to have on your share register.

On 24th June 2019 he increased his holding in CORA from 11.74% to 13.16%.

[baddeal] 23/7/2019 09:32

When will the equity raise come and at what price?

[someuwin] 23/7/2019 08:55

Max buy online just £2k.

[someuwin] 22/7/2019 08:53

SP Angel...

Conclusion: Results confirm the presence of sulphide mineralisation over a 300m strike length underneath the 2,000m long oxide zone at the Selin Prospect with more drilling likely to extend the known mineralisation further. This is good news and offers the potential to grow the resource base at Sanankoro. Having completed the drilling programme before the start of the wet season the team is now awaiting assay results that would be used for the maiden resource and the scoping study to be released before the year end.

[someuwin] 19/7/2019 09:59

I don't think funding will be a problem here...

Lord Farmer increased his holding in Cora to 13.16% last month.

From Wikipedia:

"He (Lord Farmer) began as a difference account clerk and messenger in a London Metal Exchange member firm. He spent most of his career in the City, involved in the merchanting and trading of base metals, especially copper. He headed the global base metal trading at Phibro Salomon Brothers in the late 1980s and his subsequent trading company, the Metal & Commodity Company Ltd, floated on the London Stock Exchange under the title MG Plc, in 1999. He was subsequently the founding partner for the Red Kite Group of hedge funds, which provides mine finance and futures investment opportunities for funds. Red Kite manages over $2bn of assets as of the end of 2016.
He has been referred to in the commodities world as "Mr Copper" for his long-term involvement with the world copper market, often responsible for shipping around 15pc to 20pc of China's copper supplies."

[someuwin] 19/7/2019 09:21

Good RNS today

Tucking some of these away while its quiet.

[tens machine] 25/6/2019 13:27

i think we have a buyer here again , hoovering up shares .
getting live quotes at every turn for 150k to sell from my broker who is pretty useless with any live quotes with regards CORA .
lord farmer on 13% will want want at least 15%-20% IMO averaging down and compete with HUM as largest holder i have no doubts , perhaps get a representative on the board in near future

[tens machine] 24/6/2019 14:48

i expect them to look further more focused drilling at teke, management here are very capable and has a proven track record in making multi-million ounce gold discoveries
It's early days yet, but Tekeledougou looks very much like it could easily become two more satellite open pits for Yanfolila. Good grades, good strike width, good geology. And that with the easy route to market means money for Cora short term, and extra gold ounces for Hummingbird with their new 2nd ball mill

[tens machine] 24/6/2019 14:28

Lord farmer has only bought 1.5m shares on the open market ...signals a few things
he isn't selling his placing shares
he wants a larger stake in cora maybe 20%+ IMO
buying 1.5m shares has put on circa 80% to the SP
he likes cora's management , acreage , strategy and current valuation
Today the liquidity squeeze is on here on the buy side , only testing the market upwards to get the sellers to provide some sort of balance of liquidity....

nice new tweet from Cora