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URL:  https://boards.fool.com/the160-coringa-deposit160has-a-pretty-high-33958614.aspx

Subject:  Re: A Microcap Gold Stock With HUGE Upside! Date:  5/22/2012  9:22 AM
Author:  MrPecuniam Number:  381838 of 584

The  Coringa Deposit has a pretty high grams/ton. My question though is what their burn rate is. After all if managment needs to raise cash they issue more shares so initial investors can get burned or lose their initial deposit. High risk high reward rating though.

 

My other question is if they are close near other major mine developers who are willing to pay or if its a developed area. 


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