To those who have been following the GOR story; I am baffled by the sudden and dramatic SP fall. 1) Is there something wrong with the Company or its management? I personally don't think these are the contributing factors. - GOR has recently had an oversubscribed SPP where it took in $7M; and - I have not seen any adverse company announcements. 2) Are the external Factors dragging the SP down? - There has been a significant drop in the spot price for Au - Maybe a minor factor; - Removal of GOR from the S&P All Ordinaries Index last month - Another minor factor; - Other causes that I am not aware off eg Adverse reports from financial advisors; unresolved land claim issues; litigation issues; or a million other adverse possibilities. I'm reasonably new to the shareholders list of GOR, and hope to find out if I had missed something that I shouldn't have before I became a shareholder. Thanks for any comments.
GOR Price at posting:
7.8¢ Sentiment: LT Buy Disclosure: Held
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