GOR 1.37% $1.85 gold road resources limited

Stealth..........Gold has bounced on a bit over 5 year trend...

  1. 1,137 Posts.
    Stealth..........Gold has bounced on a bit over 5 year trend line and has come back from being on an a recent record low of around US$1560 back up now to it's highest close in 3 days now at US$1599.20.

    I reckon gold has hit it's recent low and is now more stable perhaps with a more steady rise in the future.

    I could quote several analysts opinion on this one including AC but the majority from what I've read believe that gold speckies are way undervalued and haven't rallied with physical gold prices. However, as explorers and miners, attention will become more focused on them for investment and future growth in SP is predicted to be good.

    I have held GOR for a substantial period in the past but ATM I don't hold because I have all my available funds tied up in another gold junior with quite a low MC that I reckon has a lot going for it in the not too distant future.

    GL but IMHO I reckon gold juniors will move up again soon.

    DYOR IMHO
 
watchlist Created with Sketch. Add GOR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.