Wednesday, April 19, 2017 3:16:05 PM
GORO As a long term, investment, here is one of the things that motivates me. They have made a commitment to shareholders that they will pay 1/3 of their earnings back to shareholders. This makes sense and is believable to me for 2 reasons.
1) Their track record. They were paying a sector leading yield for several quarters
2) Insiders own a lot of shares, therefore they have a lot of motivation to be fiscally conservative and pay out divys.
Now if they paid .72 in a year before, why cant they pay more once they are in that position. More ounces of production and higher gold prices. $1/share in divys will pay you 25% yield on your cost basis for the shares you buy today near $4. When their profits/divys go up, I think GORO will rocket
Recent GORO News
- Gold Resource Corporation Reports Results of Operations for the Year Ended December 31, 2023 • Business Wire • 03/13/2024 08:59:00 PM
- Gold Resource Corporation Announces Preliminary Fourth Quarter and Year-End Results • Business Wire • 01/30/2024 05:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 10:46:55 PM
- Gold Resource Corporation Reports High Grade Drill Results at the Don David Gold Mine • Business Wire • 12/11/2023 11:37:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 02:42:24 AM
- Gold Resource Corporation Reports Third Quarter Operational Results and Announces the Initiation of a Review to Evaluate Strategic Alternatives • Business Wire • 11/07/2023 02:22:00 AM
- Gold Resource Corporation Will Reschedule Release of Its Third Quarter 2023 Results • Business Wire • 11/03/2023 01:48:00 AM
- Gold Resource Corporation Reports the Filing of a SK1300 Initial Assessment for the Back Forty Project • Business Wire • 10/26/2023 10:31:00 PM
- Gold Resource Corporation Announces Q3 2023 Conference Call • Business Wire • 10/23/2023 07:35:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 10:01:30 AM
- Gold Resource Corporation Announces Preliminary Third Quarter Results • Business Wire • 10/16/2023 10:34:00 PM
- Gold Resource Corporation Reports Continued Positive Drill Results at Don David Gold Mine • Business Wire • 09/12/2023 10:16:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/10/2023 03:15:54 PM
- Change in Chief Financial Officer and the Appointment of Chet Holyoak As Interim Chief Financial Officer • Business Wire • 08/02/2023 10:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/02/2023 09:00:11 PM
- Gold Resource Corporation Reports Mid-Year Operational Results • Business Wire • 07/26/2023 08:55:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/26/2023 08:49:33 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/26/2023 08:40:17 PM
- Gold Resource Corporation Announces Year-to-Date Production Results, Reaffirms 2023 Production Guidance • Business Wire • 07/13/2023 10:24:00 PM
- Gold Resource Corporation Addresses Unusual Market Activity • Business Wire • 07/06/2023 09:16:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/05/2023 07:13:24 PM
- Gold Resource Corporation Prepared for Anaem Omot Listing on the National Register of Historic Places • Business Wire • 06/28/2023 12:41:00 AM
- Gold Resource Corporation Announces the Resignation of Joe Driscoll From the Board of Directors • Business Wire • 06/16/2023 11:00:00 PM
- Gold Resource Corporation Provides an Update on Positive Year-to-Date 2023 Drill Results at the Don David Gold Mine • Business Wire • 06/14/2023 09:03:00 PM
- Gold Resource Corporation Announces the Resignation of Alex Morrison From the Board of Directors • Business Wire • 06/05/2023 11:03:00 PM
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