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  • keepshorting keepshorting Jan 3, 2012 12:08 AM Flag

    Mr. Engy Spots a Goro Problem

    I wasn't comfortable investing in companies that had no intention of ever producing revenues and where my profit was totally dependent on market prices and investment climates for the company and their products.
    So how did a conservative investor like yourself get sucked into GORO? 1.2 BILLION for 500,000 ounces of actual gold? Keep in mind, those ounces are internal estimates too. Based on the Reid's history, those ounces are probably inflated by a factor of 2.

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