Commsec has released an "Overweight" recommendation for Independence Group (IGO)and its Tropicana mine (6.41m oz Au resource), south of Gold Road's prospects.
Independence is in a 30:70 JV with Anglogold and first production is due in September 2013.
Gold Road Resources' 100%-owned Golden Sands project is located about 25km north of AngloGold-Ashanti / Independence's Tropicana deposit and covers ~1,500km2 with a strike length of about 65kms.
The Golden Sands project is considered highly prospective for gold and uranium mineralisation.
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Last
$3.41 |
Change
-0.030(0.87%) |
Mkt cap ! $3.704B | |||
| Open | High | Low | Value | Volume |
| $3.44 | $3.46 | $3.41 | $209.9M | 61.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1502600 | $3.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.46 | 873 | 1 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| GOR (ASX) Chart |