GOR 0.00% $1.76 gold road resources limited

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  1. 3,904 Posts.
    inspiredesign

    I would be careful with GOR - been in it a while and have halved my position recently.

    But if you want to buy, now is not a bad time to do so, - but past news is past news and the mid term pipeline is a bit empty - although the long term pipeline may be huge.

    Problem is that there is some news expected - which could go either way but after the Attila Alaric JORC and scoping study as well as the Justinian JORC to come within the next month or so there is nothing until they move rigs out to Tobin Hill or somewhere else.

    Atttila/Alaric are a bit of a wild card. They were bought into the company when it was founded back in 2006 and a couple of thousand ounces added back in 2008 but there is no complete published maps to work from - so hard to guess.

    Anyway careful - I have made lots on GOR and also lost lots over the last year - but if you are going to do it now is as good a time as any.





 
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