GOR 0.00% $1.74 gold road resources limited

Ann: Investor Presentation - September 2020, page-30

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  1. 10,436 Posts.
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    $1.41 and $1.27 are strong support, thats good to know, let the weak hands sell, GOR will be swimming in cash very soon, as the AUD$ price of gold is still around AUD$2630, because the AUD$ has tanked to 71c from 73cUS a few days ago.
    even though the US$ gold price is falling, thanks to the weaker AUD$ , GOR is protected by the weaker AUD$.
    Again looks like buying GOR makes more sense than buying more physical.
    buying here around $1.50 , selling at $1.95 is a quick 30% profit, buying gold at $2700, would have to wait for it to get to AUD$3500 to get the same % gain. if gold does get to AUD$3500, you can all be assured GOR wont be $1.95 it will more likely be $2.50-$3 by that time.
 
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