Risk/RewardI like the risk / reward scenario of this company, fairly compelling at current share price.
Agree with some posters here about concerns with operational issues.
Appears that all of the negativity is priced in to the shares at present.
Bought an initial position of 5000 shares this morning at $3.07 - $3.08 .
Will add more on any further weakness
Will give it a few quarters to see how management has been able to resolve
the operational situation.
Bottom line is the company is spittng out positive cash flow, and with gold prices
above $1400, is a profitable venture. Even in worst case scenario of 20,000 oz
production in Q4, the company should be at break-even.
GLTA