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looks like to me plenty of short positions being taken here...been here years now but recent slide is worrying in terms of clarity of the deal
absolutely mate , right on queue a 67k buy ticks the price up. they want your shares .
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
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.
A desktop JORC in conjunction with its biggest shareholder would provide little difficulty , in turn create cash flow to develop sangakoro stand alone mine
looks like he completed his buying on 21/6/19
but these holdings RNS always suit a buyers agenda .....
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
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 tweet
lord farmer knows that tom , further averaging down his holding ....news very soon here
I had a feeling that someone was buying starting just before I bought. Lord farmer now closing in on hummingbird stake... follow the money
Yes that’s possible but I’d say a production sharing agreement is more likely, I mean hum will have a hungry second ball mill that will require ore. Win win for both companies and certainly transformational cashflow to a low valued Cora
Liquidity is the reason for the drip drip of the share price, now sentiment is returning and the illiquidity is driving this forward. Hard to get yesterday never mind today after 1.5m buys in the last 48 hours.
Get some sit back this could be back to 10p within the next week or so.
As a holder of both hum and Cora , Cora has a better chance multi bagging in the very near term. Safety of hums cash flow provides security of investment but recent poor performance has knocked sentiment and faith in the managements ability.
But I plough on as a holder in both
As a holder of both hum and Cora , Cora has a better chance multi bagging in the very near term. Safety of hums cash flow provides security of investment but recent poor performance has knocked sentiment and faith in the managements ability.
But I plough on as a holder in both
Only put £1m onto the market cap today with a 30% rise , that’s how crazy cheap this is .
Always on my radar and always planned to revisit Cora , probably should of done it yesterday however dealing with useless tradesmen over took my day
Onwards to 10p quick time
6 trading days to the end of Q2 , below taken from RNS dated 8th may
Final results from the preliminary metallurgical testwork anticipated to be reported in Q2 2019, with follow up work being planned
Objective of establishing a maiden gold oxide mineral resource estimate ("MRE") by Q4 2019
took me 30mins to get a live quote , negotiated trade being the norm all morning.
looks encouraging
just starting to move now on every buy , expecting a gap up to above placing price .looks primed to move upwards.
reason for my buy is a strange one , i was looking at cora this morning and as that happened a retweet for core appeared on my phone. then whilst working i had a customer called mr cora.... surely written in the stars?
just topped up my very small holding with 96k shares , very cheap with a market cap of only £3m . i surprised how far this has dropped on my sabbatical from the markets.
look to increase for the rest of the year under £10m market cap
whilst there is talk of cora , which i doubt anything will happen within 18months definitely no take over . compass gold HUMs next door neighbours have started drilling their Farabakoura prospect , drilling being done by capital drilling the very same company drilling for HUM.
this is more likely for me to HUM to target compass gold as they have three sites in southern Mali with a combined land holding of 854 sq. km
Initiated first of at least 20 reverse-circulation (RC) drill holes, totalling 3,000 m at
Farabakoura
? Testing several structures based on known gold mineralization, favourable geology and
geophysical interpretation of ground magnetic data
? Testing of Farabakoura Pit Structure onto the Kabangoué prospect to extend mineralized
zone to 700 m
? Completed high-resolution ground magnetic survey on the Sodala prospect in the Sankarani
permit and surface sampling at Yanfolila South artisanal pits
http://compassgoldcorp.com/wp-content/uploads/2019/06/Farabakoura-Follow-up-Drilling-Started_June-12-FNL.pdf
Hi jez
Yeah self imposed exile from share bb’s even though I still hold my long term stocks . Being underwater with all really. Just letting them run their course, hardly check in on share prices or market news . Reduced my hum position mainly due to poor management performance and moved it mostly into SAVP. Pretty much wrote off my warrants here , I truely feel for holders which I repeatedly warned of once again management performance and overvaluation. Which in turn suffered some abuse, that’s water under the bridge as far as I’m concerned
Moved my money towards property and buy to let’s . Nice return guaranteed locally , market generally buoyant . Currently renovating a bungalow for a quick turnaround sale.
Fed up with the markets and the never to be realised values , jam tmrw and the 10% brigade
Much love x