Value Microcaps Junior Miners

[Lone Clone]

I was responding to a request that I detail what I DON'T like about GORO's management.

I do salute their achievement in developing the mine, but building a mine and running a mine are rather different skill sets. Unfortunately GORO management's behaviour over the last couple of years has raised a number of red flags which I detailed in my post, so at this point I would be remiss to recommend them as an investment, particularly as I expect the share price to drop precipitously when they inevitably cut the dividend in the next few months.

If management is foolish enough to go for debt or equity financing to avoid cutting what is an unsustainable dividend, I will go with the words of one of my favorite Monty Python skits. "Run away!"

LC