IMHO, some of the major gold producers reserves are declining. Being cashed up and obtaining lines of credit for M&A, it's game on, for some of the juniors to be gobbled up, to insure future production for forward contracts.
NST ann:, SBM position, etc., geopolitical turmoil, AUD on the the slide, all looks good for GOR, and other juniors. AMI is dicking around with this and that, but has potential as do others.
GOR is primed for a takeover. Has huge potential, and is focused on pouring GOLD, whereas the others are mixing up with copper and other investments.
Keep It Simple Stupid, that is what GOR is doing, and the big boys can see that.
To exstrapulate that further, and extremely hypothetical, NST uses funds raised(on the prowl), makes a bid, SBM ups, and then EVN comes in, we have a bidding war, that could see GOR fight hard, and give details on what they have, thereby, advising SH not to sell.
The future looks bright for GOR SH. GLTAH
GOR Price at posting:
98.5¢ Sentiment: Buy Disclosure: Held
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