Gold Resource Corp (GORO)

[Gene_Simmons]

Well, it depends on how one does the math I guess. The dividends are said to be based on cashflow and not earnings. I am so bad at calculating these things I leave it to those who do it more frequently. I tried to figure out what some kind of earning could be but I realized I had no way of knowing since divys are based only on Cashflow. But then again, there must be those with much better understanding who are able to calcualte. I suck at it though. The important thing for me is that production levels will improve from Q3, they are said to be a bit low due the weather.

It is very hard to know really, the weather has been very very poor, that could have caused extra costs. We will just have to wait and see. My personal experience with this wretched business, called mining, is that every company that start up production deliver a really bad first Q. But I can thik of far worse things than to be in Goro when they present ther Q3:)