The charts are still showing an ascending pattern...
Strong support at 15.5
Well, this is frustrating
Fantastic RNS. Hopefully a move back towards 20p today
Thirded. It was a largish sell, only in proportion to what has been relatively low volumes over the last few trading sessions.
I think the recent sell-off who are people in for either a trade (fair enough) or read the dates in the recent update and thought that it’ll be relatively quiet on the news front for the next few months.
Once the assays start rolling in again, interest will return imho
Can’t see it dropping that far though!
If this hits 14p again I’ll have £10k lined up to top-up
BB2 - I’m not sure how else they’d be able to finance the construction of a mine without some form of dilution on the existing share issue.
The share price by this time next year will be considerably higher than current levels IMHO
Whilst the resource is not quite the same, I see CORA following a similar growth path as GGP did during spring/summer last year.
The fact that CORA will move from exploration to production as early as next year some fantastic potential here
Absolutely nothing to be concerned about here at the minute, a little bit of consolidation on a quiet day.
Took some more when it dipped early afternoon.
GLA
I said last week this would 20p before the next RNS!
GLA
Best thing about this is that these rises are based on sound fundamentals and good company management - if Carlsberg ran an AIM gold exploration company, it’d be Cora.
Can see this hitting 20p by the next RNS IMHO. GLA and enjoy the bank holiday weekend
Red to blue today - bodes well for the rest of the week
As great RNS’s are appearing within regular time periods, it makes Cora quite a straightforward share to trade at the minute.
I think the number of opportunities for a bargain buy-in are becoming less and less though
If this follows a similar trading pattern to the period between the last two RNSs, there is a gap on the 2 hour chart around 13.50 and traders will be looking to buy in around that level.
We all know there is gold in the ground here though!
Stocktow- 40p once the mine opens? I’d suspect it’d be much, much higher than that. Depending on further fundraising & dilution, I think nearer to 80p/share would be more reasonable target - what does everyone else think?
The latest research note from Turner Pope can be found here: https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/9d39171e-9423-b230-a185-e05246374684/CoraGoldLimited_18_8_21_FINAL_BG.pdf