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Thanks Browns99, helpful to know yet does not stop the worry regards the continued depletion of the share.
I guess all you can say is tighten your belts and sit in for the long bumpy ride to a mining permit!
As id mentioned, im really concerned, i think this is something like a +20% drop in about month?
Hence my point raising if Directors/Owners believe in this company so much then why are they not "filling their boots" at this point in time??
Hi Brown99
I can only but hope you are right with what you say, i would assume a tell tail sign would probably be a major buy from Directors/oweners then the likes of us small fry will miss the huge jump in value!
The only return response i can say on funding which is generally a huge worry/concern across the globe for numerous reasons at the moment is RUSSIA. They could be used as a mechanism to slowly by back the mines, you know how the Russians like to get involved with gold, especially when half of the G7 are/have sanctioned them.
As id mentioned over a week ago this stock is continually in decline here, whilst i appreciate the current circumstances in Mali at this rate there wont be many/any mining companies for the Mail government to fleece from especially those like Cora that don't have or yet to start any physical mining.
Wouldn't bet to guess the Mali government will anyway just wait for those like Cora to crash into administration then buy from the owner at a ridiculously cheap price to work the mine themselves. i know im being a little flippant out of frustration but you just never know.
Hi Legalwolf nice to see you here on the comments board once more, its been a very long time. Dont disagree with your point about Mali, regardless it is still a huge worry that this share continues to tumble
Same here, month on month this share is in decline, i do hope something will happen sooner rather than later otherwise our share holdings will be minimal to almost worthless.
Also surely if this share were believed to be that good with the Board then why have they not filled their boots with more shares at this price point. As the BOD's have not this concerns me even more so!
Harry personally regardless of the cutting of staff (if that happened) looking at where we are im already majorly concerned about my investment here and sitting at a major loss as all this share has done nothing but decline since i bought in.
I fear is the Mali government dont issue permits to dig Cora and other mining companies in the same position could be in real trouble.
Looks like a lot of us will be hanging on in here due to the losses incurred , the Mail Government and political unrest causing carnage with the SP here for a long time. Im also surprised with the RNS, whilst very positive I cant see any other way other than just to hang on in here until government offical's finally sort this whole mess out, who knows this could end up still years away at the rate it has been going!
Paris - Tony
Thank you for your responses very much apricated along with no one can make the decision but yourself however the worrying factor i had the other day is if its such a bargain why are there people selling and no one really purchasing.
Whilst i appreciate the sentiment on point of issue regarding the Mali government i was just starting to get conscious why isnt anyone buying in at this level.