BTW If you look at last qtr results and the PR of earlier this week - it is a fairly safe bet they will up the div to $0.06 per share month.
Early next year if thing proceed reasonably well, the div should be about $.10 per share per month. run a 2% yield. that's ~$60 share with a $1.20 a share div.
Check it out - do your own DD. (I have added since $4.30 a share as milestones were met.) The Last PR is another important milestone - it shows they are well on their way to deliver their 120-140K oz goal for 2012.
Listen to the CC - the vein has widened to 12M and they found a third vein in L'Arista.
Still like RIC (current price is a joke - the whole sector is being manipulated) but GORO is well worth poking around on. The DD should open a few eyes. GLTA.