Value Microcaps Junior Miners

[checkmate28]

rrten GORO Truth is for me, its been tiring waiting for the increased production and the profits I know they will see. On the other hand, I know they are being extremely conservative on the risk side, by paying as they go and getting things ready for either large earnings with nice divys or being the lowest cost debt free producer in case of a drop in POG.

They are setting up Nevada for an area play, that can use a central CIL production center to keep costs down on the high grade pits. IMO, Its these decisions that will be responsible for the impressive numbers that will come out of the Nevada unit. The latest property I think has the potential to get Nevada over the 50K/yr mark once its going. Wouldn't be surprised to see more additions.

you said I believe they will consider vendor equipment leasing for the debt part, instead of bank debt to finance the build out of Nevada.
Jason really knows how to squeeze a buck, to get things done as cheaply as he can. You may be right, I dont think they ever want to go through the stress they endured the last couple years.

My strategy is to have a nice long position and collect a nice divy yield based off todays prices