Replies to post #31095 on Value Microcaps Junior Miners

[Lone Clone]

GLTY, but I have zero interest in owning GORO shares when there are so many IMO much better run companies out there.

LC

[huesos]

Even if you do not buy the negative arguments on GORO's business model and management, now does not look like the right time to buy the stock. Price action is really weak and short term MACD is about to roll over. You can bet that Halgarten and their crew are about to lay on a fresh round of heavy short positions. In fact, I can smell it. The only thing missing is another smear piece from IKN. It probably won't be missing for long and will be echoed on this thread by the obvious participant.

[checkmate28]

GORO Nice move TO 5.75 Todays PR was final confirmation for me as to where GORO is headed. I've been waiting for confirmation that there would be enough high grade ore to feed the newly expanded mill and weighing that, against the possibility that HOC is about free to sell another piece of its holdings.
I chased it this morning paying 5.56 - 5.57 for 5000 shares.

http://www.goldresourcecorp.com/releases/GRC-2014-03-12-1.pdf

Im going to model a scenario for a later post hopefully today.