The new announcement by DEG is completely underwhelming .Spent boats loads of money doing yet more drilling when they already have reserves enough for at least 15 years of mining.Gor stock price obviously declining as reserves discovered are declining in value due to 5% decline in value of gold over the last few days. No more fake news about Agnico taking over either DEG or GOR.They have good management and plenty of in house projects to grow. Cryptos are the place to invest right now not highly speculative overpriced gold miners. Each month of delay in obtaining the mining permits results in increased costs and depletion of the money already raised .It is inevitable that GOR will be asked to cough up and put more money into DEG as their capital is surely going to run out before the mine is completed. If GOR management had any sense they would have sold part of thier DEG ownership when the share price reached a trading high recently ,now its declining again .
GOR Price at posting:
$1.71 Sentiment: Sell Disclosure: Not Held
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