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4,652 Posts.
293
15/10/21
09:46
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I invested in GOR I am happy to say at the time the Gruyere mine was under construction.
Very similar to RED now.
A few current comparisons:
Share Price and Market Cap
RED- 27c and 636m. 2.4b shares
GOR - 140.5c and 1.223m. 800m shares
Mine Production
RED 4.7m+ t and 200,000 oz (but likely higher)
GOR 8.5m t and 300,000 oz x 50% for GOR interest
Mine Life
Both 15+ years
Production Cost
Similar
Looking at these comparisons - RED is likely heading for $1+ when in full operation.
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