Member Info for HarryA123

If they start cutting down on staff how bad is it? Is there anything to worry about?

I heard Cora gave up their other permits, is this true? It it is, they are down sizing and only concentrating on Sanakoro which means they have no money I would think. Big mistake.

Hello. Where can i buy hum shares from? Thanls.

I assume someone wanted the share price cheap which is why it went down a lot. As for the lic, everyone is affected no only cora. the gov has put a hold on renewing and granting licences until they sort out their internal gov problems. they will resume soon. My only concern is will cora have enough money to take them to production. They may need to borrow a few millions more.

Stocktow, thanks for the name of the trading platform.

I have tried capital.com, it was one of the lse recommendation but cora is not in there.

Humm.
You mean like Tekeledogou? Which is neighbour to hummingbird Which is within 5km trucking to Hummingbird? Which means acvording to mali mining code they dont need to build a factory if within something like 5km. I know that place, my friend has 15% of that permit and Coragold hold 85%. Do you mean Cora should be concentrating on Tekele first?, make the money there and then invest in sanakoro properly? I know cora is still working on Tekele and the deposit there is very good. My guess is about 200,000oz min. Coulf be up to 1Moz. Burt should know what he is doing, he built hummingbird, i think.

:) Paris1981 thanks for the reply.
Iike the way you wrote "safternoon", you had me in stitches and probably pass on Del boy tho he means well.

But yep, i always put things out there incase it triggers a interest

Does anyone here know how to raise 5mill$ for drilling to prep for exploitation? 400k$ on initial research has already been performed and the results from the Lab is fantastic. The Next step is rc drilling which costs about 5million$ and I am open for anyone who would like to partner this. Location is the Yanfolila belt in Mali.

Hello, Am i hearing you right?.Are you saying its better for us to get our own permit? As far as I can see, chinese and russians are doing their own thing the Malians are sensible enough. A few months ago i spoke to mali dmgn land and mines about acquiring a permits, its easy.

Yes. You need license in place before exploitation in mali. Mali gov has put a freeze on permits. So changing permits from exploration to exploit could cause delay.

The plans for building of the gold plant is promising and will happen. The other Yanfolila permits is pretty impressive and it seems like once Sanankoro factory is built and starts producing, the research on the other permits would be pretty extensive because cora would be self sufficient enough with more than enough liquidity to reinvest into Yanfolila. The situation in Mali I feel is very safe and stable.

This stock is capable of going to 20+
With Monroe on as CEO we know he can build a Gold processing factory and initiate low cost mining, he did it with Hummingbird which he saw the first gold being poured and they met their timescales.
Cora owns really good permits and they do a very good job in exploration, like inloving SRK to check all results.
Cora's geologists are well rescpected Mali and west africa.

I read Sanakoro is a nearly at the mining stage and extremely encouraging results will come out of Tekeledougou by summer when they start drilling in March. When Sanakoro and Tekeledougou goes into explotation the share price will reach 15+ , I expect the trend to be similar to Hummingbird resources, definately a serious company.

fuelofthefuture, Thanks

Hello. How can I buy share in cora gold? what trading platform can I use?

Thanks for the Welcome Caribs. I agree with you, I actually am hoping Tek will be in the region of 500,000+ as it is not the biggest of permits but could be lucrative and a really power behind Cora gold for their bigger permits. I has spoken to SRK in Cardiff a while back and a few SRK guys that worked at Komana and from their desktop research they said it is a great investment so I bought into Cora and have a big interest in it and wish everyone greatest of luck.
When they start to dill Tek, I wont mind goving over to watch :)

Coragold is a serious company, we are all excited to see what Tekeledougou has inside because the previous results must be very encouraging to want to continue drilling there as to start so early. Drilling will commence in a few months, first quarter of next year. The new guy taken over from Jon Forster is really serious about Tekeledougou as it is only a couple of Km from the Gold Plant.
The good thing is even if they find 50,000oz they just need to truck the paydirt over and with Bert Monroe, ex hummingbird, they will process the dirt in next to no time.
Gut feeling is the permit has signs of a 100,000oz minimum strike for now.