GOR 0.50% $1.02 gold road resources limited

GOR's Eminence from Imminent Re-rate

  1. 1,985 Posts.
    lightbulb Created with Sketch. 92
    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!

    OV
 
watchlist Created with Sketch. Add GOR (ASX) to my watchlist
(20min delay)
Last
$1.02
Change
0.005(0.50%)
Mkt cap ! $891.1M
Open High Low Value Volume
$1.00 $1.04 $1.00 $1.512M 1.487M

Buyers (Bids)

No. Vol. Price($)
2 10638 $1.02
 

Sellers (Offers)

Price($) Vol. No.
$1.03 35984 2
View Market Depth
Last update - 16.10pm 20/05/2019 (20 minute delay) ?
(live)
Last
$1.02
  Change
0.005 ( 1.48 %)
Open High Low Volume
$1.00 $1.04 $1.00 765550
Last updated 15.59pm 20/05/2019 (live) ?
GOR (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.