I invested in GOR I am happy to say at the time the Gruyere mine was under construction.
Very similar to RED now.
A few current comparisons:
Share Price and Market Cap
RED- 27c and 636m. 2.4b shares
GOR - 140.5c and 1.223m. 800m shares
Mine Production
RED 4.7m+ t and 200,000 oz (but likely higher)
GOR 8.5m t and 300,000 oz x 50% for GOR interest
Mine Life
Both 15+ years
Production Cost
Similar
Looking at these comparisons - RED is likely heading for $1+ when in full operation.
RED v GOR
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Last
34.8¢ |
Change
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Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 34.5¢ | $2.561M | 7.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 1478919 | 34.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 1384767 | 51 |
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