Coral Gold Resources is a successful precious metals company operating in Nevada, where Coral holds an uncapped, sliding scale royalty with Nevada Gold Mines (formerly Barrick Gold) on the Robertson Project and where NGM has begun pre-feasibility & permitting to bring Robertson into production. Coral maintains three highly-prospective projects nearby in one of the world's richest gold districts. The Company's overall objective is to generate long-term wealth for its shareholders through royalty revenue at Robertson.
Uncapped, sliding scale with advance royalty provisions.
Unusually well funded for a junior company, plus a potentially significant revenue stream from royalties at Robertson.
Undervalued shares being repurchased by the Company through a Normal Course Issuer Bid.
NGM is advancing Robertson aggressively.
Three properties on Nevada’s Cortez Gold Trend, near the Robertson Project and with significant indications of gold mineralization and key geology.
Directors, management, insiders hold approximately 30% of issued and outstanding shares.
Small number of shares outstanding. Normal Course Issuer Bid reducing outstanding shares.