GOR 4.65% 90.0¢ gold road resources limited

Looking pretty...

  1. 1,810 Posts.
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    Hey guys hope you don't mind if I change the thread but GOR looking pretty good right now and getting ready for its third attempt to break through the magic $0.40 ( if we count the first one) and launch into new territory driven by active management, great results and buoyant gold price.

    IMO, whilst the scoping study was very positive, it was intentionally conservative by management based on a worst case scenario and POG of AUD$1350 from memory. POG now around AUD$1650 and interestingly just $120 off the all time high AUD POG set in August 2011. Gold can be very profitable for Australian miners. Bottom line is lots of room for improvement on an already robust project and looking interesting. Good luck to all.
 
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