Member Info for tony_currie

Below gives the rapid progress CORA are making from the commencement of drilling to the frequent RNS results. Results are now coming thick and fast between 7 and 14 days until the end of September. Not only are the results brilliant but the information flow is too. Well done BOD.

DATE DAY WAIT FOR RNS
1st Mar Mon Commenced Drilling
22nd Apr Thu 7 weeks
5th May Wed 13
24th May Mon 14
7th June Mon 9
16th June Wed 9
7th July Wed 21
14th July Wed 7
23rd July Fri 9
4th Aug Wed 12
18th Aug Wed 14

Up 4.5% - Market expecting another RNS this week.

Can now see why the strange drop in price after the excellent RNS - two late trades from the 19th of £70K appeared after hours. No doubt day traders, MM's had to fill these sales.

Expect a rise this week with a strong possibility of another RNS. The next few months will be ground breaking for Cora.

Compares CORA to our neighbour in Mali ROBEX who have a Market Cap of £133 million and pay an 8% dividend - all with poorer grades.

" despite (Robex) achieving a head grade of only c.1.00g/t, compared with the 1.50g/t indicated for Sanankoro in its Scoping Study. With Robex’s market value having multiplied around 4-fold over the past 24-months following its delivery of best production expectations while also responding to an improved
gold price, this performance presently awards it an enterprise value of c.CND$233m with shareholders also having benefitted from a
dividend pay-out that implies historic yield of almost 8%."

"substantial upside potential remains (CORA) given that under 25% of
the prospect’s total 40km strike length has been drilled to date."

Brilliant grades again. That's 10 sets of excellent results, with at least another
4 expected before by end of September, followed by the resource upgrade which will be at least 1m oz. Bargain of a share.

"The Company has received assay results or 19,761 sampled intervals, which equates to 77% of the total 25,809 samples submitted to date. Which equates to 77% of the total 25,809 samples submitted to date."

"The total P2 Selin programme is 12,769 metres of which the first 5,333 metres are reported herein. A total of 7,436 metres of drilling remains to be reported from Selin P2. RC drilling will complete by the end of August. Samples are submitted weekly to the laboratory and new results are expected continuously until the second half of September."

Yes, chased down ruthlessly by the MM's today and still a large spread.

You have to ask are they gathering shares? Like us they are expecting an RNS tomorrow. These usually arrive on Wednesday and at two week intervals!

From yesterday. Zac Mir getting in on CORA G

Cora Gold (CORA): 22p Triangle Target

It always feels somewhat brash to call a triangle target on a small cap, especially when it may be 50% or even 100% above present levels. However, in the case of Cora Gold a 20p plus target has been on the cards from even as long as a couple of months ago. It would now appear that the consolidation phase versus last year’s 15.25p peak is now over, something which would be underlined by a decent weekly close above this level this week. The timing of a possible 22p destination at the top of a July 2020 target is always going to be difficult, but suggesting 22p by the end of September does not appear to be too rash at this stage. Only sustained price action back below 15p really delays the bull scenario here.

and there it is ....

15:11:24 16.44 1 Buy* 0.16

Just made a significant top up more news this week :-)

Today has seen many strange trades that will have cost more in trading fees. Personally I'm not a believer in the 1 trade signal, anyone any idea why there are so many today?

59 Buy* £10.03
14 Buy* £2.36
9 Sell* £1.46
53 Buy* £8.92
74 Buy* £12.49
34 Buy* £5.74
11 Buy* £1.86
29 Buy* £4.95
11 Buy* £1.89
59 Sell* £9.76
60 Sell* £9.93
95 Sell* £15.72
17 Buy* £2.97

The three diamonds are going to retail auction, our own BOD says they fetch around $430 per carat. The latest finds are 89 carats so the value is around $38,000 we need a few more discoveries :-)

RNS's usually arrive on a Wednesday between 10-14 days from the last one. The last one was on AUG 4th my bet is this Wednesday.

CORA gold - expecting a game changer RNS next week and more to follow. We will all make money on this.

Zac Mir has confidence in the BOD to progress EUA regardless of sale, so do I.

While one could say that investors in Eurasia Mining (EUA) may have been somewhat distracted by Mergers and Acquisition matters at the Russia focused palladium, platinum, rhodium, iridium and gold producing company, it is clear that the company is keen to get on with the job in terms of being a significant mining play. It announced that three plants have now been successfully commissioned at West Kytlim.

The board have never let shareholders down and continue to use that word "Strategic" in all RNS communications. It is a strong hint!

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Board and our Team are enthusiastic about developing the business concurrently with making progress on the STRATEGIC options that we have on the table".

Yes, that's four 100,000 share buys today so far - starting at 08:16 today and some of these are being delayed before shown. There was a surge of buying before the last excellent RNS.

So we have one of:-
1) After Hours RNS
2) Early next week RNS
3) Institutional buying

If any of these transpire then news looks very leaky on this share!

Yes, just topped up, spread not as big as they are saying 12.75p to buy.

Note that the usual days for RNS updates are Wednesdays (occasional Mon/Fri). We are expecting at least four more in the next seven weeks. If you want in now is the time.

Thanks Shareitup the 85% approval statistic is very good. Along with Matos Fernandes quote confirming that a bid by U.K.-based commodities group Savannah Resources to develop the 680-hectare Barroso mine project near the village of Boticas is now undergoing a public consultation of its environmental impact study.

"Without being able to predict the results" of the study, Matos Fernandes said he applauded the professionalism of the proposal. "There’s a huge difference between this developer and the lax attitude shown by others."

Seems a bit odd that the "guess the dividend post" was taken down when the BOD have stated they intend to pay a significant Dividend? Lets see what happens next.

The theory is that groups make better predictions than individual's - lets hope so!
Thank you for voting everyone (25 votes cast) here are the average predictions.

Happy with = 75p
OverTheMoon = £1.97*

*one vote excluded for silliness £35

Bert has made it clear that assays (RNS's) are coming thick and fast up to end of September that gives 57 days from the last RNS on 4th of August.

At the rate they have been arriving we should expect at least 4 of these beauties.

Here are the main points Bert makes from the Traders Cafe with Zac Mir interview:

1) Exception interceptions 49mt@50g/t world class.
2) Phase 2 drilling below existing pit shells, getting strong mineralisation should have very positive impact later in year when we bring out updated resource.
3)We did hit some mineralisation that we didn't know existed.
4)Plenty more results to be released as the drills have moved south and existing drilling continues.
5)Two world class holes in this campaign.
6)Drilling into shallow oxide. Oxide free digging material low operating costs, cheaper processing.
7)Expect to finished drilling towards end of August, results lag 3-6 weeks after - assays expected right through September.