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Re: checkmate28 post# 31195

Tuesday, 05/13/2014 10:55:46 AM

Tuesday, May 13, 2014 10:55:46 AM

Post# of 35740
GORO Responding nice. Up 35% first hour. I think were witnessing the beginning of a short squeeze.

Nearly 16% of the float was short before today.

http://shortsqueeze.com/?symbol=goro&submit=Short+Quote%99

Short positions dont stand a chance if GORO continues to grow CF by increasing production and decreasing costs. I expect both to improve through the next few quarters. Since GORO pays a divy based on 1/3 their CF, they should regain their position as highest yield divy payer, for gold producers.

Q114 - GORO posted $17.4 million Cash Flow from Mine Site Operations

Potential yearly Divy
Annualizing Q1 CF would get 68 Million CF/YR! If GORO paid 1/3 back in divys that would be 1/3 x 68M or 22.1 Million back to shareholders. With 54 Million OS, we get .42 or 10% yield if you bought at the open today. Thats going to get some attention.

Now thats the value I saw coming. Much more progress coming IMO
Checkmate28



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