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orion1

02/23/10 7:49 PM

#1123 RE: silver100 #1122

Awesome, looks like they planned very judiciously every step in becoming a first class mine.
With revenues, new drill results and dividend on the way ... What else does one need to recognize a "goldmine". Not to forget the tight share structure, the prospect of being debt free, the experience of managment.
I'm simply thrilled.

lootie

02/27/10 8:53 PM

#1125 RE: silver100 #1122

Silver,more drill rigs is ok.Just one now.The big thing is tomorrow's related decision.

The Reid's have said,1/3 of income to exploration,drilling,assaying et cetera.Once cahflow increases-it should be now,GORO will become well cashed up.Then say 4 rigs looks very affordable.4 rigs for example,can bring the desired 3.5 million gold ounce equivalents on a lot faster.

Bringing more resources to our table,allows the Reids to adjust the planned production targets.Increased production is increased
profits;increased share price.Suits me.As do dividends.

Then of course,we are examining,as it were ,one property for those ounce targets,currently.What is on offer on our other 4 properties?There is a lot of blue sky excitement behind our drive for both more resources and more producion.

Quite a combination.Blue sky and skyward cshflow.

Yes,the Reids could seek 43101 compliance-and set us back say 3 years from where we are now.

Give us production.Cashflow is hard to argue with.

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