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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

Bullboard Posts
Post by stargazer1on Dec 29, 2016 8:32pm
233 Views
Post# 25652063

Previous gold bull market.

Previous gold bull market.In the previous gold bull market, GORO reached $30 a share. This time around, the company has multiple veins to mine, plus it is working towards putting its Nevada Isabella property into production next year, towards the end of the year. All in all, now might be a good time to buy, because the stock may just keep climbing from here.

I need to add, that I have a large amount of my retirement fund in GORO stock, so that you realize that I am bullishly biased on the stock. You need to keep that in mind when you read my posts. P.S., I have an even bigger amount of my money in IVPAF, Ivanhoe Mines, but even though the stock has spectacular upside possibilites, that is a stock that is in a very politically unstable country.
Bullboard Posts