Gold Resource Corp (GORO)

[ou71764]

I'm a new investor in GORO - bought at 3.67 near the close on Friday. I was a little reluctant to do so, since the selloff in gold and silver might extend into next week. On the other hand, the metals might bounce back. So I decided to just buy and not worry about my timing.

I like the company's orientation toward shareholders, returning cash to shareholders. And like a lot of people who hold some form of precious metals, I think QE and ZIRP could ultimately fail. So I intend to hold GORO and not trade it.