It is a low-grade high-volume mine. See what happens when the volume mined drops off. Still have all the costs but not their income.; Profit is down 30 percent from last quarter, which is substantial. Instos may reweight down due to risk now. They will watch this like a hawk for next quarter. Bravos to the member who sold over $2. Short term it is a shocker result. They were pumping all this upper-end production guidance . It looks like 30 percent of the workforce went AWAL. Even the head-grade mined was down . GOR is just lucky they have squirreled away past mining profits. Don't think we will see much of a dividend on this result, especially if it were to continue.
GOR Price at posting:
$1.82 Sentiment: None Disclosure: Not Held
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