GORO Gold Resources Is screaming cheap. The selloff was unwarranted.
Previously a one mine operation, soon June 2019 to be a 2 mine operation with only about $3M debt they took on to build the New Nevada open heap leach operations. Still only 61M OS and CAPEX is on the decrease.
Whats going to happen when the new gold bars start coming off at a rate of 30k - 40k Oz/year this June with cash costs near $675?
No brainer anywhere near $4
I see an easy double from here by June if POG holds
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