Gold Resource Corp (GORO)

[stock_peeker]

As Yogi Berra's son would say, "It's Back to the Future all over again".

Nice move today. I guess they are going to sell some concentrate and announce it soon. I spoke to Bill Reid briefly last week. He was cranky and said they were working hard to get things stabilized at site and adequate training to keep things going. They have concentrate on hand but hadn't sold any yet.

Announcing sale of first concentrate will not be enough to take it considerably higher. Commissioning of the mill is the big event that has taken too long already. We have no visibility to what the problems have been, but we can certainly look forward to their reaching steady-state operations and stabilization at X tons thruput per day.

'peeker