Gold Resource Corp (GORO)

[iancassel]

The volume has been very good considering the low OS. In a year a true scarcity effect will take the market if GORO can keep production costs around $100/oz. Only 3 gold producers can do it at that rate and the market will pay up highly for the fourth. My guess is we may hit $5-$7 on this bull run (could take another 60-90 days) and then there will be a lull when the money is raised, construction begins and ends. Could last 5-6 months with the stock hovering in a trading range of $4-5-6, and then when the first low cost gold pour happens we are really off to the races and thats when the real money will be made. Will V line to $20.