Goro still need permits for operating mine. They need some extra funding to build the mine/mill and recently signed a deal with Hochschild. They will buy shares at a premium and got an option to buy up to 15% of the company at that price. Will end up with about 41million shares outstanding. Vote of confidence from one of the biggest silver producers in South America.
I still like my recent producers, Semafo, SMF.to/SEMFF.pk and WGW/WGI.to along with Goro. I have a token position in Capital Gold. I like Great Basin Gold. Close to significant production but will probably stick with my existing stocks. Also trying to buy more SMC/CSM.to.
kipp your theory seems to be working. Gold down a little but junior producing golds doing fine.
WGI.to +.12 to C$1.79 SMF.to/SEMFF.pk +.02 to C$1.30 GBG.to +.07 to C$1.41 (I missed yesterday at around 1.25) RBI.to +.28 to C$7.60 cgld.ob +.01 to $.41
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