GIU,
I share your sentiment and GOR is my biggest position by a country mile. GOR has also come under pressure as a result of the gold price which has been getting a battering and this could continue for the foreseeable future. Gold could easily test new lows in the coming months as a result of a strengthening USD. If gold falls to AUD 1,500 an ounce, I would see this as another buying opportunity in GOR, as without additional news, it could take GOR into the fifty's. Regardless of the short term gold price, GOR has the right tenement with the potential to discover another Gruyere size deposit so I am sitting tight on my shareholding.
When Jim Rogers starts buying gold again, that will be the strongest buy signal given his incredible track record as an investor, he is holding his gold right now and is not tempted at the current prices.
http://www.*****.com/news/video/sho...w.*****.com/news/video/latest?show=*****-News
Kato
GIU, I share your sentiment and GOR is my biggest position by a...
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Last
$1.78 |
Change
0.025(1.43%) |
Mkt cap ! $1.922B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.82 | $1.78 | $6.846M | 3.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 71628 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 4887 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| GOR (ASX) Chart |