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Gold/Mining/Energy : Core Gold Inc
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From: pstad6012/1/2019 7:14:14 PM
1 Recommendation

Recommended By
DaveAu

   of 2131
 
Core Gold posted a small net profit of US$160,000 in Q3

Q3 Financials and MD&A posted on SEDAR Friday evening

According to the Q3 MD&A , Core Gold produced 4423 ounces of gold in Q3 with an AISC of $1048 / ounce.

Core Gold sold 4172 ounces at an average price of $1544.

Expecting news from Titan Minerals this week, either an announcement regarding their bid for
Core Gold, or just a further extension to their current halt from trading on the ASX. Titan has
a General Meeting scheduled for Dec, 4, 2019, one of the resolutions that require acceptance
by their sharegholders is the approval of isuing 485 million shares to Core Gold shareholders
if Titan's offer is successful .

We should be getting close to some sort of announcement from Core Gold regarding progress
on the results of the strategic review process. Maybe this is what Titan is waiting for as well.

GLTA

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