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Bullboard - Stock Discussion Forum Gold Resource Corp GORO

Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico. The Company is focused on its existing infrastructure and large land position surrounding the mine in Oaxaca, Mexico, and to develop the Back Forty Project in Michigan, United States. Its Back Forty Project has a polymetallic (gold, silver... see more

NYSEAM:GORO - Post Discussion

Gold Resource Corp > Dumped all my shares 2 days ago..here's why
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Post by Goldmeister44 on May 06, 2020 8:50am

Dumped all my shares 2 days ago..here's why

Don't want anything to do with a producer, a producer in Mexico, a base metal producer or one that's just scraping by until later this year.  I like GORO but the Mexican operation is useless now. There's no market for base metals, silver lags and they may get shut down again should the virus flare up.

I'll buy back in at $3 and once they start drilling at East Camp Douglas....for now there's nothing to see here
Comment by vestor111 on Jun 18, 2020 10:59am
Yes there is something to see here...the higher grade Pearl ore is on the pad and will be a rev kicker in 3Q and the Mex operations will be mostly back in post C-19 shut down.   And you posted this right before the new announcement.   Suks to be you.  :-). Just kidding.