GOR 1.24% $1.59 gold road resources limited

Hi Spec,Some may say some recognition is better than none at all...

  1. 3,419 Posts.
    lightbulb Created with Sketch. 1420
    Hi Spec,

    Some may say some recognition is better than none at all lol .. don’t take it too personally, previously pointed out to me by a fellow investor that when HC threads become predominantly negative it’s probably a good time to invest … the correlation has proved on many occasions to be highly accurate. Hence my comments.

    Fwiw I place very little emphasis on the past, my only focus is on the near term window, I also don’t have much energy to reinvent the business … whilst all the suggestions maybe accurate we can’t change the hegemony or the outcome … investment strategy should be solely on what you have rather than what you would like, the frustration over time can develop views that lead to poor decision making … and as we all know poor decisions usually cost money.

    On GOR, the sum of the parts, the low cost high margin, long life quality asset, unhedged with nil debt, increasing gold price is very investable … the rain event and the leaked acquisition news has provided an opportunity imo … a takeover offer may offer another upside.

    Best of luck to you as well.


    Last edited by wassa: 19/04/24
 
watchlist Created with Sketch. Add GOR (ASX) to my watchlist
(20min delay)
Last
$1.59
Change
-0.020(1.24%)
Mkt cap ! $1.722B
Open High Low Value Volume
$1.62 $1.63 $1.58 $6.790M 4.260M

Buyers (Bids)

No. Vol. Price($)
3 10288 $1.59
 

Sellers (Offers)

Price($) Vol. No.
$1.60 5848 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.59
  Change
-0.020 ( 1.10 %)
Open High Low Volume
$1.63 $1.63 $1.58 1171576
Last updated 15.59pm 03/05/2024 ?
GOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.