GOR 2.25% $1.74 gold road resources limited

european starts to realizes gor potential

  1. 7 Posts.
    Hi together,
    I`m new to the HC-board. Seems like the European tour of Ian last month pushed some new investors along (like me). I saw the presentation he gave during a road show and after some DD I got convinced to look into the details and purchasing possibilities. Unfortunately I missed the last upswing due some money transform from shares of mines I sold in Canada. After 18 months holding a very good LONG position, I look into the next LONG position to build up here at GOR.

    To me the DD shows:
    - GOR should dive some cents next Monday or Tuesday (when is the start of trading?)
    - Big upside potential already in Q1/2011 with a doubling drilling program in 2011
    - only 6qkm drilled so far (annother 4000 left)
    - No real "Winter", but hot summer at the moment (?), Does someone of you know the region (?) -I have always been to the East coast only-
    - Good cash position (2.5Mio) and surely 5 Mio AUD newly acquired by now.
    - No big overhead positions in the costs (lean company)
    - No Russian or Chinese influence so far visible. (any other idea ?)

    Best
    TA


 
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