GOR 1.70% $1.59 gold road resources limited

Ann: Production Update, page-7

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    The labour shortage was their own mismanagement, but this weather cannot be blamed on management. We are lucky the pit is not flooded. The ground and roads will dry up over the next few weeks. As long as the POG is heading skyhigh the share price will follow. The current gap between AISC and POG is about $1400-1500 an oz. That is more than a year ago. Share price today has a nice jump despite the announcement. Buyers are looking ahead 6 months.
 
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