Member Info for smudge104

Bit more buying pressure, may see us move back up a bit

Https://mali.revenuedev.org/dashboard

This is the Mali mines repository site, it shows all active cancelled and surrendered mines, this hasn’t changed and like Bert said, it’s just a cleaning up excerise so they can re sell or permit abandoned tenements, from what James the bard said we are in the final process of sign off

Cora Gold Response: Cora Gold stated that it had relinquished the specific permits in question more than two years ago and had not been formally notified of the cancellation, adding that the decision has no impact on its current operations.

Stock Impact: Despite the company's reassurance that its main projects are unaffected, the news has caused significant market reaction, with the share price dropping to approximately 6.6 pence from a previous close of 8.25 pence as of 10:25 AM GMT.

Buying op

My take, the very fact Bert is out in Mali so soon after his last visit some 6 weeks ago says a lot, secondly the fact he has met with the head honcho is positive, thirdly the head honcho is ok with being pictured with Bert again is a positive, the words from Bert via X states the head honcho is positive and supporte is again good, and the fact we are meeting with the organ grinder proves this to be in the later stages of approval. IMO he’s flown out there for a purpose, mining permit.

Start of a new week, let# hope we get news soon!

Gucciv1, I personally don’t think it’s been manipulated, we’ve had a sizeable seller over the last 6 weeks but thankfully a sizeable buyer too, the fact we’re holding 10p although annoying it’s a good thing

In a few weeks/ months 10p will be in the rear view mirror

It’s hugely frustrating, but we have a seller and a buyer and have done for the last month, without the seller we would be pushing 15p by now.

Remember this is the first new mining permit since the moratorium was lifted, it kind of sets a precedent, so I am sure the Mali government want to get it right before issuance.

Gold $4361 jeez

Another 550k bought by someone at 10p today

Sharebuyer, just a technicality, the last uncrossing trade on Friday was 10p, but there was still one mm on 9.5 so it’s opened up the same as it closed on Friday 9.5/10 with the mid at 9.75, so technically down .25

Well that was a nice end to the week, I’m personally hoping no news next week and we can see an uplift in SP, we ended the week on the up with 1.5 million in buys clearing out a seller of I believe 5 million shares, I would like to see us catch up a bit to say 12/13/14 p before news is released, we now have well in excess of £3 billion quid in the ground a lot of which will be mined in the first 5 years, gold price is now some $1500 per oz higher than our already blockbusting DFS with an IRR of 69% and payback of 1 year, that has to be less than 9 months now,

I can truly see this overshooting to the 30 to 40 p range on permit, gold is going one way only for the next few years while the us grapples with recession, central banks devolve from holding the green back and hoard gold, I think our re rate starts this week, there’s been an obvious buyer of late, let’s hope they continue, I can’t see why not.b

If you value gold in ground at $150 an oz then this values the company at approx $160 million or £120 million or approx 40 p per share on 484,000,000 shares in issue

Personally it is worth more, permit issuance and mine build will see to that. Exciting times ahead

Some good strong buys coming through

Found a spare 1

£1800 so nabbed another 20k 😂

Just topped up 200k @9.9

Just for you Stocktow, spread tightened

Well, there’s the reason for shore cap moving 200k at 10p now on we go

Ok, so it looks like our seller has gone now, shore cap who have dominated level 2 for the last month have moved from 10p to 11p to buy and they are now bidding for stock at 9p so any buying from here should see us blue

Massively annoying, sp should at least start with a 2 and probably 3 ffs, come on Bert deliver the goods, gold will be 5k an oz next week

I’m frustrated but ultimately in for the mid/long term but want to see a nice new shiny plant being built

Stocktow try here

https://www.lse.co.uk/ShareTrades.html?shareprice=CORA&share=Cora-Gold