Replies to post #17335 on Value Microcaps Junior Miners

[CPTMatt]

GORO has had a spectacular run from the $3's. I'd say that is the first thing. Second thing is they're not in full production yet. Third they still need to prove up more reserves to extend life of resource.

Once they start producing and people can base the value of the stock on actual #'s instead of theoretical #'s it will be valued more properly (whether that is north or south of the current PPS remains to be seen).

I'm not arguing either way, I own a bunch of GORO and hope to see giant cash dividends and huge capital appreciation in the future like everyone else. I just think tempering expectation is called for.