Gold Resource Corp (GORO)

[Neverhadawinner]

BTG reported it sold over 200K+ ounces of gold at an average price of $1711. That should be about what GORO got for 9000 ounces. That would amount to a $15 million+ sales plus sales of silver, lead, zinc, and copper. All those metal prices are also way down too. Given GORO has many extra high expenses for employee profit share, much higher taxes and higher operating costs. I am worried the quarterly results will send this stock 10%+ lower. I have reduced my share exposure by 30% over the past weeks and may reduce more on another uptick. At a 2.5% annual dividend yield, the risk of further decline is too high.