GOR 0.50% $1.02 gold road resources limited

GOR's Eminence from Imminent Re-rate

  1. 1,985 Posts.
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    GOR's sp is in about the right range, neither over- or undervalued compared to various price targets. Shortly, and many per cent more, that will be a, "that was then," statement.

    Instos may well wait for commercial production -- on the way to full production -- to be formally declared. On that climb there WILL be mechanical glitches that slam the sp, sometimes overdone. And that's the dip to BUY.

    H2, then, should bring a higher sp in conjunction with broker re-rates. I don't believe Au will rocket up, but trade in a range with ~USD1400 near the range's top.

    It feels like I've ownned GOR (before EKM(?)) since the Au was created. I've sold and bought back a few times. GOR has not disappointed on a company-specific basis, and I think I'll own it years into its paying a dividend!

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