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Gold Resource Corp Message Board

  • robsharp2002 robsharp2002 Feb 6, 2012 11:37 AM Flag

    Repost Whose been drinking

    Pearhedz posted this under another thread and thought it brought out so many good points that it deserved its own post.

    Thank you Pearhedz

    Great post!

    "This is what has happened with GORO stock holders. This I disagree with you. From the start the Reids did a magnetic recon. that showed multiple hot spots. They put a plan together to get a mine and processing mill together. They got permits to build and get electric and water. They built a mill in a fast amount of time. They used the procedes from the first mine to get the second mine started, and now from drilling out the mine to get a 43-101. They got listed on the stock exchange. they are paying there shareholders a nice div. Extended there land concessions, by alot. There working on getting a third mine going. They have done pretty much everything they said back in "06". Some things took alittle longer then they hoped, but show me any construction project that doesn't have delays. I'm in the buisness and nothing goes smoothly. So when you say we got lucky and we listened to the drunk on the corner, I think your dead wrong. The Reids did a pretty darn good job. Now for the drunk on the corner AKA the sharter. He crys for class actions,the Reids lied, there a ponze scheme because they sold some shares, silver is going to $9, Goro is going to $4, Were going to lose 50% over night, Au/Ag ratio is going to 100:1. All I have to say to all that is Have another drink."

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    • With all the stupidity that spews from your mouth I now feel really bad. I just realized that laughing at you is like laughing at the kids at a special olympics meet. I truely apologize.

    • And yet Goro makes more money than you make sperm...

    • One out of ten ain't bad.
      -----------------------------
      that is a better batting average than the reid's. who have missed 100% of their deadlines and 100% of their ORIGINAL production targets.

    • This was Marro's post.

      "This is what has happened with GORO stock holders. This I disagree with you. From the start the Reids did a magnetic recon. that showed multiple hot spots. They put a plan together to get a mine and processing mill together. They got permits to build and get electric and water. They built a mill in a fast amount of time. They used the procedes from the first mine to get the second mine started, and now from drilling out the mine to get a 43-101. They got listed on the stock exchange. they are paying there shareholders a nice div. Extended there land concessions, by alot. There working on getting a third mine going. They have done pretty much everything they said back in "06". Some things took alittle longer then they hoped, but show me any construction project that doesn't have delays. I'm in the buisness and nothing goes smoothly. So when you say we got lucky and we listened to the drunk on the corner, I think your dead wrong. The Reids did a pretty darn good job. Now for the drunk on the corner AKA the sharter. He crys for class actions,the Reids lied, there a ponze scheme because they sold some shares, silver is going to $9, Goro is going to $4, Were going to lose 50% over night, Au/Ag ratio is going to 100:1. All I have to say to all that is Have another drink."

      • 1 Reply to pearhedz
      • Seems like he's still drinking.
        Your the only a-wipe that is concerned about the ratio. What if the ratio goes to 20:1 but the price of metals go so low they don't make a profit. Will it make you happy that they had a high Au/oz but less profit? or 100:1 ratio with metal prices going up. Less Au/oz but a large profit. As long as they have metal in the ground and the prices stay high I feel the ratio is nonsense as long as they make a nice profit.

    • you forgot to mention that I was the only person on this board calling for a 20% decrease in AUEQ for Q4. and the longs loved that news by buying even more shares. lmao!!!!!!!!!!

      pearhedz - are you the one who said "who cares about the gold/silver ratio?". if so, then why do the Reid's now put gold/silver ratios in their presentation? the Reid's were already caught reading these Yahoo boards. now they are stealing my commentary. they are the biggest charlatans in the sector. keep drinking, gotta be drunk to be buying this issue.

      • 1 Reply to keepshorting
      • I think it's moderately important for comparison purposes but has little to do with the actual business of mining precious metal profitably. The company has no control over the metal prices or the ratio so all it can do it pull as much precious metal out of the ground as inexpensively as possible. Maybe it can hedge or enter into forward contracts or stockpile. But ultimately, the metal prices are the metal prices and not super useful to agonize over like you do. In some ways, yes, the ratio is wholly meaningless.

 
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