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Re: AugustaFriends post# 370467

Monday, 07/25/2016 11:42:37 AM

Monday, July 25, 2016 11:42:37 AM

Post# of 641483
GORO Charts Gold Resource Corp. is a low-cost gold and silver producer with operations in Mexico and a new development project in the U.S. The company owns 100% in six potential high-grade gold and silver deposits in Mexico's southern state of Oaxaca. Its Arista mine contains a very high grade reserve base, with 258,500 gold equivalent ounces at 4.89 g/t gold equivalent.
Amazingly, Gold Resource only has 54 million shares outstanding and has not had to raise any new capital since 2010, which is very rare considering the fact most junior miners have to resort to shareholder dilution to raise capital and fund development. The company's profitable operations and low cash-costs has allowed it to pay a pretty substantial amount of dividends to shareholders over the past few years.
In fact, its 70th dividend was just declared, and the company has now returned $108 million to shareholders since production commenced in 2010. While other miners have eliminated dividends, Gold Resource continues to pay a steady amount to its shareholders.
http://seekingalpha.com/article/3975538-top-10-gold-junior-takeover-targets-2016?li_source=LI&li_medium=liftigniter-widget


Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
(link back for more charts)
Just replace the ticker with your TICKER
http://stockcharts.com/h-sc/ui?s=GORO&p=D&yr=0&mn=3&dy=0&id=p11960084343




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