Gold Resource Corp (GORO)

[checkmate28]

Smitter. Im excited about GORO even at todays level.

Near term Catalysts

Alta Gracia, as you said mine permit in hand waiting for blasting permit. I think its about 3-4mths out. Have you seen the Annual presentation from yesterdays 10k?

Switchback The grades/thickness are huge. Their going to pull large amounts of ore to feed the hungry mill. Probably EOY

Gold Mesa. Another round of drilling and they could make a decision. From the decision, they could develop a small pit in near 6mths for a small CAPEX paid by CF

RE Starting of the old heap leach circuit.

GORO will be included in the Russel 2000 and I think another index tomorrow. Probably a reason for recent volume and its going to draw attention to these catalysts.

Working on final approvals for new power grid. If sucessful they will save $4 million/year for $3.5M CAPEX

Best part is that GORO is in the penalty due to decreasing production, decreasing grades due to development, and decreasing divy allowing for cheaper shares this year. I hear you guys talking about increasing the divy here but Id rather hold off and spend the millions on growth. Its a good time to be a GORO share holder

On the outside, we could be thinking about a run or JV with Canamex esp if things progress at Gold MESA