Sun, Mar 1, 2015, 3:39 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Gold Resource Corp Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • whitesands_8 whitesands_8 Sep 27, 2011 10:52 AM Flag

    200,000 ounces a year for goro equals...

    I agree....don't forget that would also equal about $2/share dividends...BUT..IMHO I think gold is going much higher...But yes at today's prices GORO is very cheap...However, I think the current down trend will play out before it begins moving back up in strong fashion...I'm thinking there's a possibility of a brief dip to $12 to $13 share before it goes to make new highs...Nevertheless, when they start producing 200,000 ounces a year at current gold prices IMHO even the old high of $31 will be considered cheap so it may not be worth it to nickel and dime it when considering taking a position.

 
GORO
3.46+0.04(+1.17%)Feb 27 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Aruba Networks, Inc.
NASDAQFri, Feb 27, 2015 4:00 PM EST
Flamel Technologies SA
NASDAQFri, Feb 27, 2015 4:00 PM EST