St. Louis, Missouri - Murphy Analytics (MA) has initiated coverage on Goff Corporation (GOFF). The Initiation Report contains a discussion of GOFF’s business operations, market dynamics, macroeconomic data and indicators, financial results, potential results, and risks. The Initiation Report is available at: http://www.murphyanalytics.com/uploads/GOFF_Initiation.pdf.
Analyst Patrick J. Murphy, CFA, notes in the report: “The Company's primary interest is the LGC15011 or "La Frontera" Gold Project in Aguadas, Dept. Of Caldas, Colombia. The project is being assessed for its potential as a low-grade, large bulk tonnage gold and silver prospect. Colombia is currently one of the leading gold mining areas in the world producing over 55,509 kilograms of gold (2011), primarily from the region where Goff's subsidiary Golden Glory Resources holds leases on the La Frontera Property…While a range of forecasters are predicting near term price declines in the price of gold, there are also those who believe what appears to be a serious economic slowdown in the Euro zone and projected slower growth in the developing world, as well as monetary policy, will lead to higher gold prices.”
About Murphy Analytics
Murphy Analytics is an independent investment research firm providing coverage of microcap stocks. MA helps report readers become more informed about equities without extensive analyst coverage. MA is owned by Patrick J. Murphy, who has nearly 20 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's.
Patrick J. Murphy, CFA
Disclosure: Neither MA nor the analyst owns or trades the shares of covered companies. MA was compensated $5,500 in advance of the publication of this report. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. This report is neither a solicitation to buy nor an offer to sell securities and is to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and this report does not provide investment advice.
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