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Any shares left at .0001? When do we go to .0002?
LDSR
It looks like this company is headed to enter a mining business, with several
mining properties in sight. Details will follow via news releases.
No I'm not and it's a theory ... Everyone got their own ...
An R/S is usually done to attract more serious investors on the long run . Also to get rid of penny stock chasers... VIPR is not in a spot to do that right now they need to strengthen their position first. If they do get to respectable levels they might think about, all depending on how well things go If they start making good profit! They might not resort to that at all and instead would buy back shares this would benefit the PPS allot more than an R/S and get serious investors to chip in.
Spread the word Blue power to you buddy
A PR would be nice... Some results would be nice... Some Gold would be nicer!!
A PR came out actually...
He must have spoken to JCB ... IMO
I'm surprised and pleased let's hope this takes us somewhere this time...
200 000 000 volume that is fact that something is going on! It's not negative in my opinion...
We will get there when we get there for now they have a chance still to redeem themselves...
This looked so promising and still does if only it wasn't for the dilution or at least a controlled one!! We would be at cent level like sacre bleu loves to say...
We have been requesting more transparency since they started diluting. Everything they do they do it in a sneaky way! Status quo doesn't really do it for me anymore!
What about all the private investments they received also they might be allot higher than 0.6M unless JCB's salary is now 1m a year!
Why doesn't the chart go back to more that the start of this week?
Did this stock change ticker? What was the price before?
I know it's just the anger speaking!
All pinks are garbage! The balance sheet is not even audited, so far he lied his way through this, do you think that now any investors are going to go for it? He better have something tangible if it is then we go up if not RS or delisting of this scam!
If there is an RS VIPR better get ready for lawsuits!
Since November it's mostly buys...
Why are you asking me these questions... Like I would know more than you? We are all as blind as bats here, we work with whatever supposed information this company gives us... I work and speculate you do the same...
I have to agree... They where more vocal in the past... Now we struggle to get a PR every 2 month!! In my opinion it's in this time that they need to be as transparent as possible to show that they have nothing to hide... To answer your questions...
Is it that he is one of the greatest CEO's and figures that the cheaper the SP,then the more money or funding he can get from shareholders or large investors because they can get more shares now??? I will save my opinion on what I think of him I don't want my post deleted! Private investors look at the bottom line though (assets vs liabilities vs cash balance) the pps doesn't matter they figures if they have enough invested they could stop the dilution.
Is the real reason that the share price is going down is because he he buying back shares which usually causes the SP to go down???
Share price has been at it's lowest since 3 to 4 month now. Facts are The dilution is still present but there is someone buying though.
While I'm definitely not a fan of JCB and his methods, I have to keep the faith that this company is legit and there is hope because I have allot of shares invested!!!
Ah ok! Sorry I do agree that communicating info is not their forte...
The PR says no drill before 1st Q of 2011 so I don't think we should expect anything until end of the Q or maybe next Q. It's very evident that this company has no respect for it's share holders doesn't make it a lost cause though! If they get the necessary funds to start drilling this could go up very fast. They must have a nice cash position after all this dilution hens why the expansion and going with the drilling. I don't believe all this BS positive or negative who ever spoke to JCB good for you, whether he is an actor or makes x amount per year is not really my concern (he doesn't work for donations after all) I'm not looking to go have a beer with the guy, At the end of the day if the CO is legit and everything is what it seems to be they are looking to make money and evidently they will make u money! Let's hope all goes for the best I've seen worse on the pinks!!!
CORO ANNOUNCES APPROVAL OF SAN JORGE PROJECT ENVIRONMENTAL IMPACT STUDY
February 7, 2011, Coro Mining Corp. (“Coro” or the “Company”) (TSX Symbol: COP) is pleased to announce that the San Jorge project Environmental Impact Study (“EIS”) has been approved by the Provincial Government of Mendoza, and that the resulting Environmental Impact Declaration (“EID”) will be submitted to the Provincial Legislature for ratification.
The EID is conditional, inter alia, upon the Company’s Argentinean subsidiary, Minera San Jorge (“MSJ”), complying with the highest standards of environmental protection, control and monitoring prior to, and during the construction and operation of the project, including the requirement for the paste tailings deposit to be made impermeable with a liner. In addition, MSJ will be required to contribute 0.5% of metal sales on an annual basis to an environmental remediation fund, to be recovered upon satisfactory closure of the mine. Finally, MSJ will be required to negotiate the terms of an agreement with the Provincial Government and the Department of Las Heras, where the project is located, whereby MSJ will contribute to a social development fund to benefit the local community. A translated version of the EID will be posted on the Company’s website in due course.
Alan Stephens, President and CEO of Coro commented, “We are delighted that, after an exhaustive and thorough process, the Provincial Government has approved our EIS. We are also pleased that we will have the opportunity to directly fund the social development of the local community of Uspallata and the rest of Las Heras. This satisfactory outcome is the result of more than 2 years of hard work by the Company’s South American team, led by Fabian Gregorio, President of MSJ and Marcelo Cortes, Coro’s VP of Project Development, and we now look forward to the Provincial Legislature ratifying the Government’s decision. Upon ratification, the Company will recommence engineering studies aimed at demonstrating the full potential of San Jorge at industry standard metal prices. ”
About San Jorge:
The San Jorge copper-gold project is located in Mendoza, Argentina. The Company completed an independent Preliminary Economic Assessment (“PEA”), in April 2008 which contemplated production of 39,500 tonnes of copper per annum and 39,000 ounces of gold per annum over a 16 year mine life. The deposit remains open at depth and using a $2.00 per pound copper and $600 per ounce gold price returned an after tax NPV of $220 million, with a capital expenditure of $277 million.
Coro is fully committed to developing San Jorge in such a way that no water resources would be affected by contamination, as required by local and national laws and regulations, and by international best practices. The Company, through its subsidiary, Minera San Jorge, continues to follow a policy of complete transparency and frankness, and has stressed the economic and employment benefits of the project to Argentina, as well as a commitment to exacting industry standards in environmental management, and has invited citizen participation in the environmental monitoring of the operation. The Company has demonstrated its commitment to water conservation through the proposed use of paste tailings, which minimises water usage through recycling. It has committed to train as many local residents as possible for employment in the future operations at San Jorge.
CORO MINING CORP.
“Alan Stephens”
Alan Stephens
President and CEO
Alan Stephens FIMMM, President and CEO of Coro, a geologist with more than 35 years of industry experience is the Qualified Person for Coro who has reviewed and approved the contents of this News Release. In respect of the PEA, it should be noted that mineral resources that are not mineral reserves do not have demonstrated economic viability.
About Coro Mining Corp.:
The Company was founded with the goal of building a mining company focused on medium-sized base and precious metals deposits in Latin America. The Company intends to achieve this through the exploration for, and acquisition of, projects that can be developed and placed into production. Coro’s properties include the advanced San Jorge copper-gold project, in Argentina, and the Chacay, Llancahue and Celeste copper exploration properties located in Chile. The Company is well funded, with approximately $13 million in cash and cash equivalents as at February 7th . It also holds 3,290,353 shares (a 5.2% interest) of Valley High Ventures Ltd, together with 1,525,000 warrants exercisable at $0.65, with a total market value as at February 4th of approximately $6.8 million. (www.valleyhighventures.com).
For further information please visit the Company’s website at www.coromining.com or contact Michael Philpot, Executive Vice-President at (604) 682 5546 or investor.info@coromining.com
I've been holding this stock for about 2 years shows you how patient I am...
I'm getting fed up also, but why these days with high volume buying though... That still gives me hope!
And volume will not happen until news...
Do you think we could march higher!
Can't blame them us it's all we got at this stage pinks are all about speculation and timing. Talking about speculation, every-time we have no more bids sell off day then these 50 to 100 mil buy days... It's not normal someone is adding shares!!
This case will lead to nothing our name isn't even mentioned on the court papers...
Any news ??? Did anyone contact the SEC? Are they closing this dump so I could write it off? Why is it still going?
PR tomorrow we go to cent level no dollar level... Relax give time it's all we got anyway, you would rather a bull PR like some companies and nothing tangible? It's a pink we are not listed on the S&P 500 last I checked you bought this investment (like you say) knowing that you buy it with all the risks even an actor as a CEO ... Give it time... and I hope this will go somewhere! JC like Russel Peters says BE A MAN! DO THE RIGHT THING
Are you holding some shares?
Is it me or there is 41 000 000 buy today... Someone is playing us!! Somehow the rainbow color's man's theory is not that far off JC are you buying low??? lol
They might have private investing also...
what are the sell Vs buy?
buying shares back... If that's a possibility this could really sky rocket. It would not be a stupid idea though... Don't they have to declare that they have a buy back program?
It's in the company's advantage to wait for the pps to move up. Also I think they have a strong enough cash base to wait it out.
regardless of the dilution there is allot of potential for this company. I continu to say that a RS would have been the end for them that's why they might have voted against it. I agree that this CEO frustrated allot of investors yours truly also! Allegation of him being an actor, hiding, bla bla bla All this is irrelevent it's not a popularity contest, he cares about his pocket at the end of the day.
Let's hope for all our sake that you are wrong...