GOR 3.87% $1.61 gold road resources limited

This is the last straw for me, I'm out of GOR on this news. Why...

  1. 162 Posts.
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    This is the last straw for me, I'm out of GOR on this news. Why would anyone trust this GOR Chairman, with his abysmal track record, to do better than the superior management teams at EVN or NCM in a Canadian foray? Quite simply, they aren't capable of managing a Canadian asset. I was holding onto this dog for potential DEG optionality with the free cashflow from the current JV...but now with this risky foray, it will likely soak up GOR's free cashflow and reduce their bandwidth to do much with DEG. I'd want a much better management team and Board to be in place at GOR before I'd back them to pull off something like this. Plenty of other stocks to own out there, I'm out.
 
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Last
$1.61
Change
0.060(3.87%)
Mkt cap ! $1.744B
Open High Low Value Volume
$1.60 $1.63 $1.59 $13.27M 8.220M

Buyers (Bids)

No. Vol. Price($)
9 154248 $1.61
 

Sellers (Offers)

Price($) Vol. No.
$1.62 4364 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
$1.62
  Change
0.060 ( 4.58 %)
Open High Low Volume
$1.60 $1.63 $1.59 1357056
Last updated 15.59pm 10/05/2024 ?
GOR (ASX) Chart
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