Member Info for ElgorTrader

Insider dealing as said. It would be obvious. And career ending

They would not be allowed to buy shares if a takeover approach had happened

I added 50,000 yesterday and plan to add another 150,000 in the next few days. More drilling results to come as well as further updates on Hum and cora partnership

https://mobile.twitter.com/cora_gold/status/1234799317786988548

Game changer for cora. They are truly looking to fast track production.

Hum should bounce back today like other miners have.

https://kalkinemedia.co.uk/2020/02/11/cora-gold-ltd-an-ambitious-gold-explorer-with-high-future-growth-prospects/

https://kalkinemedia.co.uk/2020/02/11/cora-gold-ltd-an-ambitious-gold-explorer-with-high-future-growth-prospects/

Delayed buy looking promising. Lots of news due over next few months

Cora moving now too. Buys coming in

He could just email the top 5 holders who own 50% of the company.

Hazbeen, so what you here for? Go invest in the producers

So the massive stakes the board have in Cora is irrelevant and they will dilute themselves even though they recently added at 7p? Ok mate. Must be something you like that you are here for.

Great start with such small area explored so far. 5 years of 50,000 oz production right there to get early production started

"The world’s largest gold company, Newmont Goldcorp (NYSE: NEM)(TSX: NGT) said in a separate statement that it would support Zijin’s bid to acquire Continental by selling its 19.9% equity stake in the Canadian miner and its convertible bond for $260 million."

Not sure if it's good that newmont want to sell up?

At least Cora gold show what they are up to:

https://mobile.twitter.com/cora_gold/status/1197447771646763008

The team at Sanankora

https://mobile.twitter.com/cora_gold/status/1197447771646763008

Sanankora is not a satellite deposit. It is being drilled along a 14km strike length and will be 1-2M ounces just to a depth of 100m. Beyond 100m depth is all upside on top of SRKs 1-2m ounce target. And that's just on one of many permits. They are currently drilling and testing some of sanankora below 100m to check out the sulphide deposits. Some of the other deposits are closer to hums mine but they are not being drilled extensively yet. Sanankora is a standalone mine whilst cora own it unless hummingbird takeover the whole project. But the 3 biggest shareholders won't let it go cheap. As Bert said in the latest presentation, they have invested for many multiples return and just bought more at 7p fundraising. The biggest return will be to build the mine. And we have big funding inverters being cora.

Big buyer over at cora yesterday. Over 1 Million purchased as drilling well underway. Maiden resource and scoping studying due by year end an results from 5,000m drilling not long after. Hummingbird must be keen to buy out cora. They have spent well over £10M drilling not to mention all the drilling data from Goldfields. After cash has a valuation of around £5M. Would be the quickest and cheapest was for hummingbird to increase resources.

Over 1 Million shares purchased yesterday in 4 transactions. Someone's buying value here

Mineral resource due end of year as well as scoping study. Plan is to take company to production with its own mine from open pits. Costs depend on how big of a mine they want to build. Initially was going to be 50,000 ounces a year or there abouts but from speaking to Bert it sounds like they are considering going straight to 100,000 ounces per year production. Think this is due to confidence in the large scale resource at Sanankora and lower costs overall from building a bigger mine from the start.