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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, copper, lead, and zinc) Volcanogenic Massive Sulfide deposit. At its Don David Gold Mine, it has 100% interest in six properties, including two production stage properties and four exploration stage properties, located in Oaxaca, Mexico, along the San Jose structural corridor. Its properties span 55 continuous kilometers of this structural corridor. Its two production stage properties include Arista and Alta Gracia Mines. Its four exploration properties include Margaritas Property, Chamizo Property, Fuego Property and Rey Property. The Fuego property consists of approximately 2,554 hectares.


NYSEAM:GORO - Post by User

Post by POG1200on Jul 29, 2021 4:34am
244 Views
Post# 33619680

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From the CEO:

Mr. Palmiere went on to say, "Our strong free cash flow per share and dividend yield puts us among the top of our peer group which is not reflected in our share price."

There was a time not too long ago that GORO was the industry's low-cost leader.  GORO has that history and continues in that tradition.  Being an open-pit operation doesn't hurt!

I'm glad I own some GORO shares.  Let's see what happens from here. 

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