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4.23%

$1.66 gold road resources limited

I was waiting for someone to notice that :D

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wombat777

11,249 Posts.

29635

28/09/19

17:55

Post #: 40621886
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Originally posted by OceanView ↑

... any edge in the market...

Anecdotally, I recollect a West African miner or exploreco, listed on the TSX or TSX-V, that had/has a huge deposit at a decent grade. It was bought, and the Au was there, but to get it out of the rock, though possible, was quite UNeconomical -- rookie error by the buyer's CEO, probably too much "lifestyle" in his ego or nose... He, like many CEOs from ~6 to ~8 years are all long gone... Good, The metallurgy was the fly.

No way 'round it IOU a beer!

OV

PS I also recollect one metric where the metallurgy problem MAY show up: the EV. Too low and further digging (I love a pun) must be done by the speculator, starting with recovery rate.

PPS I noticed in your brief disclosure that we both own LOL. I also have a stake in its sister stock: HAHA. I highly recommend that both be in every speculators' portfolio!

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I was waiting for someone to notice that

GOR Price at posting: $1.27 Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

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(20min delay)
Last $1.66		Change 0.068(4.23%)		Mkt cap ! $1.776B

Open	High	Low	Value	Volume
$1.60	$1.67	$1.59	$3.316M	2.019M

Buyers (Bids)

No.	Vol.	Price($)
33	45885	$1.66

Sellers (Offers)

Price($)	Vol.	No.
$1.67	87110	36

View Market Depth

No.	Vol.	Price($)
25	34931	1.660
35	55049	1.655
24	70004	1.650
16	86481	1.645
15	114741	1.640

Price($)	Vol.	No.
1.665	92052	38
1.670	85176	17
1.675	177736	19
1.680	202716	14
1.685	41505	7

Last trade - 12.42pm 02/05/2024 (20 minute delay)


Last $1.67			Change 0.068 ( 5.19 %)
Open	High		Low	Volume
$1.59	$1.67		$1.59	789286
Last updated 13.01pm 02/05/2024 ?

GOR (ASX) Chart