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Wednesday, January 17, 2007 11:54:23 AM
Wasserman Morris & Co. Initiates Coverage and Issues Research Report for Gold Resource Corporation
Wednesday January 17, 10:40 am ET
DENVER, Jan. 17 /PRNewswire-FirstCall/ -- Gold Resource Corporation (GRC) (OTC Bulletin Board: GORO - News) is a production focused mining company owning 100% of three potential high-grade gold and silver properties in Mexico. GRC is currently engaged in a 10,000 meter drill program at its El Aguila Project in Oaxaca Mexico. GRC is pleased to announce the initiation of coverage and issuance of a Research Report by Wasserman Morris & Co., a New York City based equity research firm, with a Buy Rating. The full report is available at www.wassermanmorris.com. Once you are on the Wasserman Morris website please go to launch archive browser and type in password "ace" which will take you to the report.
About Wasserman Morris & Co.
Wasserman Morris & Co. is an equity research firm providing unbiased research for significantly under-followed small cap companies. Wasserman Morris & Co. distributes its research to a broad audience of institutional and individual investors seeking information on under-followed small cap stocks. GRC paid Wasserman Morris & Co. the sum of $25,500 for two years of coverage as detailed in the report. Neither the analysts nor the management of Wasserman Morris own equity or debt securities of the companies on which their contract analysts report.
About GRC
GRC is a production focused mining company pursuing development of gold and silver projects that feature low operating costs and produce high returns on capital. The Company is specifically focused on three potential high-grade gold and silver properties, of which GRC owns 100%, in Mexico's southern state of Oaxaca. For more information, please visit GRC's website, located at www.Goldresourcecorp.com.
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding GRC's strategy, future production, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to GRC on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. The Company's actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the company's Form SB-2 filed with the Securities and Exchange Commission.
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Source: Gold Resource Corporation
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