GOR 0.00% $1.90 gold road resources limited

Ann: Financial Close of Tranche B to Revolving Corporate Facility, page-20

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  1. 2,977 Posts.
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    Good question, answer is not sure. We know how conservative management are as a group - you need only look at their fiscal discipline in terms of carrying no debt and a massive cash balance. So you can bet that whatever they do it will be good.

    I'm in this for dividends now and I was mightily glad of their change of heart. It adds another defensive layer to an already well fortified stock.

    That said, best to wait until after Trump is officially sworn in. Given it's a little uncertain right now, that is. Moves are going on in the background regarding a return to the Gold Standard, not the financial reset which the 'deep communist state' wants to usher in.

    That can only be a net positive for gold, though it holds true with or without a GS or Trump. It's all the other stuff, and there's more than enough there to be concerned about.

    Bring on 2021
 
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