Mondo45
I hear your frustration....however.
This is a huge tenement (5000 sq kilometres) and to date they have only explored 1%. ..they can't just run all over the place drilling holes in the hope of finding gold.
GOR is taking a (if somewhat conservative) systematic approach to prospecting the tenement.
Ian and Ziggy believe the best approach is to drill down into central bore (12 holes) from an existing depth of 250m to 450m in order to increase total ounces.
Only one drill rig is currently in play in order to preserve cash burn.
There key objective is to get into production which in turn will fund future exploration.
Should you have any questions please give Ian a call and discuss your concerns and or ask him questions...he is more than happy to talk with investors.
Keep in mind that Diggers & Drillers put a buy on GOR (from memory) at 50 cents and then they put in a sell at 25.... Go figure.
We also went though a pump and dump...and it's a spec stock "Buyer Beware".
The SP has been pushed down to far and is due for a re-rate...IMO
Please read disclaimer below.
Personally I'm happy to hold.
Mondo45I hear your frustration....however.This is a huge...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.77 |
Change
-0.060(3.29%) |
Mkt cap ! $1.913B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.73 | $7.597M | 4.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 98 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 27912 | 5 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| GOR (ASX) Chart |