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Gold Resource Corp Message Board

  • keepshorting keepshorting Jul 13, 2011 1:56 PM Flag

    4.7 million shares short

    who is gonna win, wall street hedge funds or the Reid's?

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    • So you are bashing multiple boards keepshorting.

      Well. Good luck.

    • i actually think as they develop and drill the property further that they will find more and more high grade ore. with the divvy structure they have, SP will move accordingly higher in the future(as both dividend stocks and commodity prices move higher). i actually see gold much higher that $2,000 down the road a bit as paper money becomes less valuable over time, gold will be increasingly more valuable. not hype, just my opinion. usa has a problem(as does most of europe) gimme gold and ill pay you dollars and euros for it......no brainer...i think in 3yrs my gold will be worth more than the usd and euro i paid for it. peace..i hope you all make tons of money (yes even you keepshorting)

    • The ones holding the shorts are going to get destroyed, I'm sure you've covered on yours already. $4 price target works if gold drops $1200 tomorrow morning and silver drop $30. Your problem is, both are going in the opposite direction.

    • $100 is my personal "retirement" target in the next 24 months,
      -------------------
      i say $4 and you folks go nuts. he says $100 and noone comments. lmao!!!

      you cheerleaders are going to get destroyed.

    • $100 is my personal "retirement" target in the next 24 months, if they can deliver on what is in the ground and gold/silver stay the course.

      Amadeus

    • Amhunglo,
      Gandsn must see a skarn in our future, although it might take a few years to find it. Nothing wrong with dreaming big. I'm thinking more in the $75-90 range in the next few years, maybe over $100 if gold hits and maintains $2000 and silver stays in the $40-50 range.

    • nope but they did increase their property by 100 sq miles

    • um...dim witted hedging go broke every year, MOST HEDGE FUNDS LOSE 60%+ OF THEIR CAPITAL WITHIN 3 YEARS. The Reids already built one huge gold success - US Gold -UXG.
      I'd like to thank the shorts for allowing me to back up the truck at $23.
      You do know that the potential loses for a short is unlimited, don't you? I am going to make a lot of money while the shorts get a religious experience. The price of GORO up almost 10% today alone. Please, keep shorting, if fact. please double your short position.

      Those foolish shorts probably thought gold was going to do it's normal summer dip.
      WRONG! Amateurs.

      • 1 Reply to cl1449
      • Funny how you dont say a peep when the stock gets slaughtered and now you show up after it moves up a little.


        The Reid's did not turn US GOLD into a success, Rob McEwen did. The Reid's failed and McEwen turned it into a winner. What was the price of US Gold when McEwen took over, 10 cents?


        Those foolish shorts probably thought gold was going to do it's normal summer dip.
        ------------------------------
        Another idiot. We are short GORO, not gold. I am long a big basket of junior exploration stocks. I am not anti-gold, I am anti-goro. I want gold to go up.

    • Based on the Sept 11 Put price changes today, it looks like the hedge funds may be starting their retreat. The Reid's may be prevailing against the hedge fund Visigoths.

      http://finance.yahoo.com/q/op?s=GORO&m=2011-09

    • My money is very much on the Reid's. The Hedge Funds have made a bad bet this time and will pay dearly for it. We may very well see one last attempt to bring the stock down low enough for them to cover. But remember, there are a multitude of potential events that will propel this stock upwards at any moment. Take your pick.

      1. Div for August raised to .05
      2. Gold and silver continue to rally
      3. News on El Rey mine ore shipments
      4. News on great drilling news on L'A and AG
      5. New second stope production announced
      6. 2Q surprise in ozs and tonnes processed
      7. The shorts wet their pants and scramble to cover.

      The next few weeks will be fun to watch. Better cover soon, Shorty, or you will be paying through the nose.

      Amadeus

      • 1 Reply to amadeus4153
      • Added an 8th item to the list of events which will propel GORO higher, a retraction of the Barron's article.

        1. Div for August raised to .05
        2. Gold and silver continue to rally
        3. News on El Rey mine ore shipments
        4. News on great drilling news on L'A and AG
        5. New second stope production announced
        6. 2Q surprise in ozs and tonnes processed
        7. The shorts wet their pants and scramble to cover.
        8. Barron's article retractions.

        Amadeus

 
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