Gold Resource Corp GORO

Metals & Mining Gold

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.

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Gold Resource Corp > Can Somebody Please Explain...

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Post by invidious1on Sep 20, 2021 5:26pm

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Post# 33890308

Can Somebody Please Explain...

...why GORO spun off its profitable, operating Nevada mine less than a year ago, only to now propose to buy Aquia Resources, Inc., which has spent more than $100 million on a proposed Michigan mine that has no permits or project plan, just 20 years worth of drill holes?

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Bombardier completes partial redemption of US$200 million