GOR 0.90% $1.69 gold road resources limited

Numbers, page-29

  1. 12,703 Posts.
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    I will try and be strong and refrain from the obvious negatives for now.
    We all know that to buy is best when there is blood in the streets , who created the blood somewhat necessary as FACTORS but......

    When assessing it always goes back to the fundamentals.
    Is the share a good company. -up and doing
    - proven good management
    - tribulations & achievements are real and done or being done.
    - able to get product to market
    -GOR has a huge mine (years and years) & a little other gold resource
    -Mill working and soon required capacity of better grade dirt for nameplate
    - good product GOLD always known as defense stock
    -always demand for sellable GOLD
    -hedge against bad economics and currency
    - & low interest rates, bonds at mega year time lows virus
    - producing profit to build a better oneself
    -able to repay manageable debt
    -fund drilling etc
    - or partly/totally speculative and again up & going
    -drilling campaign
    -land tenders
    - Is it overpriced.
    - the sharks and computer buyers love buying in GOR shares as they more believed informed
    - the professional estimators think a buy as Morningstar this morning at $213
    - a lot of GOR drilling underway and a desired 1 mill + oz find would create huge growth of MC.
    - there are available franking credits and in Ian Murrays old vision for GOR emphasized desire of dividends.

    GOR passes the test and I will HOLD as attempts to continue downward Gold price pressure seemily are unsuccessful.













 
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