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Re: Gene_Simmons post# 27723

Monday, 04/09/2012 11:47:58 AM

Monday, April 09, 2012 11:47:58 AM

Post# of 35782
GORO Could be in position to pay a 5% dividend making it the largest dividend of any gold producer by far, and the first gold producer to pay dividends in real metal.

Currently Gold Fields Ltd GFI pays 2.66% yield being the highest in the industry. GORO would blow that away if they decide not to spend the money on growth.

GORO got ahead of itself in share price, but this news and progress could be what launches it back up past $30 and way beyond after a huge move from $1 to $31. Credit where its due, most know GORO was heavily covered here by the legendary Bobwins and CL001 team :) making many here, many $. I kept some for the future because their costs are so low, grades high and future resources are huge. Coming first NI43-101 should be interesting.

Hopefully we can catch a few more 10bagger+ trains when the metals market gets rolling again.

Checkmate28
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