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Re: Lone Clone post# 31733

Wednesday, 03/25/2015 1:32:46 PM

Wednesday, March 25, 2015 1:32:46 PM

Post# of 35697
GORO Loneclone, (edited) it always takes you to get the best of me and out here posting true information on the other side of a smear. As smart as you are, how can you post that drivel? You need to try and help me out in case Im confused? You've continuously been out here smearing GORO, posting they will stop the dividend, they got a new plush office they cant afford, their going broke, costs are skyrocketing, HOC is running from them when the reality was HOC was bleeding badly and needed cash. ((OT Sidenote, I like the HOC value now)) All the while, it looks to me they keep being fiscally responsible and watching my investment.


I think the bottom line is the market has them wrong because they dont like their style. Banks and hedgies dont like them, because GORO doesn't want their money. No free coverage from the banks but rather snubbing negative articles and gads, they even keep gold in the treasury and pay their shareholders in gold coins. What kind of a fraud is this circumventing the US FED banking system?

GORO keeps making money and honing operations for the future. Not much reason to care to much about the PPS when you dont need it to raise funds? The market and bankers would love for GORO to go out, leverage up and start building another $200 million mine and boasting all the new ounces and CF projections... Instead, they just keep paying, continuous sector leading dividends thru the last few years, while doubling production capacity, punching out their under ground mine, streamlining processes for cost reductions, exploration drilling to increase their official NI43-101, acquiring leases right next to Canamex where by they recently purchased 20% in the shares of the entire company. And they did all this with Cash Flow from operations, and gads they didn't even use the banks.

They created all this value with cash flow from operations and I forgot, the Cash position for GORO keeps going up quarterly as well, even after they took roughly 6 thousand ounces ($7m) from their 2014 q3 production to fuel up their new Dore bar producing equipment that will reduce costs even more.

Im only fair with accounting numbers, so maybe you guys can find a pair of new alligator shoes they expenced that would explain away all good deeds GORO has been doing for me. Im looking forward to the more in depth look from the IKN as they must really be smart if they have their own blog.

GORO, being about the only solid company allegedly creating value, that hasn't partaken in the post tax sale rally, is a value alarm for me.

Having these catalysts is a Nice set up. With GORO, I feel good to tuck them away and just wait. Wont be long and these $3.00 shares will be earning a 33% yield on the divy alone and we know where that going to take the PPS. Add back that CAPEX, the acquisitions, the dore with holdings and some of those other expenses and the EPS would have been phenomenal.

I may be eating crow after Loneclone puts up that new piece he promised. Really sorry LC, not normally my MO but your one sided stuff just brings out the underdog defender character in me. Their may be some worthwhile info there that I don't agree with or am surprised with, but it will take much more than that for me to believe I made a mistake.

While Im not excited my shares are still at $3, Price and value are 2 different things and I am excited I have more time to accumulate a position while GORO builds out the value, preparing for the coming increase in the POG at which point I think they will put things in second gear.

Checkmate28
JMHO and GLTA

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