A particularly Good Gold Day to announce commercial production.
1. GOR's sp will be more closely tied to the spot Au price. This has always been true, even w/o producing a single oz(?!?)
2. GOR's sp will be directly impacted by future exploration. The potential UPside is significant.
3. GOR will receive a greater premium based on its: address; being a regional play, and Au's ascent.
Often the sp can suffer at this stage of a Au just-producing evolution. The excitement of speculators over drill results dampens the sp, BUT this should be mitigated by GOR's fully internally funded regional exploration. Add a bit of t/o buzz, more real today than yesterday, and GOR is going to go up.
Any, ANY hiccough in mine operations -- and there almost ALWAYS is -- and shorters will pounce like the ^)*&^)%! they are.
I await: hard production numbers for a full Q, April(?) 2020; next drill results, and; a divvy -- haha, not holding my breath, guessing after the next mine is done.
Good Times!
OV
A particularly Good Gold Day to announce commercial...
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Last
$1.62 |
Change
-0.050(2.99%) |
Mkt cap ! $1.755B | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.68 | $1.62 | $12.11M | 7.364M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 170799 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 7331 | 1 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.63 |
Change
-0.050 ( 2.56 %) |
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| Open | High | Low | Volume | ||
| $1.67 | $1.68 | $1.63 | 1371380 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| GOR (ASX) Chart |