GOLD RESOURCE CORPORATION ANNOUNCES DISMISSAL OF SECURITIES CLASS ACTION LAWSUIT
COLORADO SPRINGS – July 16, 2013 – Gold Resource Corporation (NYSE MKT: GORO) (the “Company”) announced today that the U.S. District Court for the District of Colorado granted with prejudice the Company’s motion to dismiss the class action lawsuit filed by Nitesh Banker.
With their jurisdiction, grades, share structure, cash costs and divy all being nearly the best in the sector, I see GORO as a very low risk, high return investment right now.
They also are guiding for a 2013 year end run rate nearly double the 2012 average from the latest CAPEX improvements to the mill and mine.
With the above Class action in the background, I hardly think GORO would risk over guiding or deception.
Checkmate28