Just wanted to wish all holders all the best. It looks like this is the end of the road for me for GOR. The huge hype and prospectivity of a huge, unexplored (and potentially new major belt) tenement area hasn't pulled through. With the price of gold smashed for 20, the chances of future funding and this recovering back to its 50c days look limited.
Unfortunately i've also been smashed for 20... a (small for many, but big for me) $5320 investment over several parcels, averaging all the way down to the 30s ( i know - averaging down is a losers game, i should have known better than to buy a continuous falling stock) is now worth a measly $1,000.
There may be some good prospectivity on this tenement but I just can't see how in the current environment we can reasonably bet on this going up. I know no goldie is safe now but even taking what's left from this dud and placing it into a low cost goldie producer that's already at least proving up low cost supplies looks like a more safe future.
GLTA, I will re-enter if this thing starts to cross back up to the mid 10's, i hope it does for everyones sake and that this gold massace is just a temporary correction!
GOR Price at posting:
8.0¢ Sentiment: ST Sell Disclosure: Held
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