Lone Clone GORO has upgraded a number of key technical mgt personnel plus added a director the last 12 months, presumably to help get them to the next level.
As to Hothschild, who knows, maybe GORO doesn't need their hand held any longer or Possibly HC wanted another lucrative private placement, while GORO had ideas of creating shareholder value?
Lot of opportunity out there for sharks on the prowl. Who knows, possibly Burstein found a more lucrative use for his company time.
Other than the last year, running into growth problems and missing guidance, GORO has masterfully worked their business plan towards creating value to share holders.
With the flack they caught the past 6 months, I believe they were very careful when they put out that latest guidance for end of 2013 run rate.
With their jurisdiction, grades, share structure and cash costs, all being nearly the best in the sector, I see GORO as a very low risk investment right now.
Checkmate