GOR 3.87% $1.61 gold road resources limited

What do we think ?Well I know what I think.One certain thing is...

  1. 4,596 Posts.
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    What do we think ?
    Well I know what I think.
    One certain thing is that we hold all the aces.
    All the risks have been taken and Gold Road came out a clear and decisive winner. We made the big time and it took a very talented and experienced team to do it. There's no reason to take on any further undue risk with the proceeds of our success especially with the team we have now which has so far proven unsuccessful.
    We should prudently manage our profits by paying truly excellent dividends to manifestly support a genuinely buoyant share price, we aggressively pursue our tenement exploration and invest capital in perceived lower risk instruments and let the war chest grow and grow some more.
    When that extraordinary bargain comes along as they inevitably do then we swoop and with our responsible governance we'll be able to swoop hard and fast.

    I can assure you I'm no expert but unfortunately it seems to me we're simply digging ourselves into a quagmire of long term unproductive administration not to mention debt.

 
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