Gold Resource Corp (GORO)

[lootie]

The new presentation of /3/03/2008 is most helpful.Yes,the mineralization could run to double current depth.
Plus,the team sound confident the remaining permits are close.
A new near term 1.3 million au equivalent target.Remember,hopefully 2 million au equivalents from the El Aguila-La Arista zone.Initial production from our open pit,will be gold production,not gold equivalents.

The La Arroyo zone is of course,additional.Many more anomolies wait to be tested,and we have barely started on La Arista and its largese.

What I had not realised when thinking of the known 8 k strike zone,4 k of that lie in La Margarita! La Margarita stacks up as a lot more than a silver play.

More drilling will be done on El Rey soon.That is an exciting property. We have years of exploration ahead.

Now we seem to be making good progress getting ready for production.I wondered about increasing production.Production increases in year 2 can occur due to the higher grades at La Arista,not that the open pit grades are bad by any means.Just a question of really good and better.Now if we are to consider producing more than 100,000 gold ounce equivalents in our second producer year,due to our modular design,fairly easily achieved.

For now,let us get production occurring and more resourses both discovered,and readied for production.
I strongly suspect increased production figures over those stated,will start occuring fairly naturally .