Gold Resource Corp (GORO)

[A Dinosaur]

I thought most funds can't hold stock priced at under $5. If so, do the funds that can hold low-priced stocks still have a restriction on OTCs?

The last spinoff I was involved in was Riverside Resources (RVSDF) spinning off Capitan Mining (CAPTF). It took a round of funding for them to qualify for listing on the TSX and the BBN, so it was a few weeks to be listed.

Spinco won't have that problem. With $10 million in the kitty and an operating mine, they should have no trouble getting uplisted quickly.

Dino