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NASDAQ : GORO / Low operating costs and producing high returns on capital.

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Message: Re: Drill results.

Jul 01, 2008 09:43AM

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Jul 02, 2008 07:20AM

Bernanke,

I have to add an additional reason to why the stock doesn't move like we think it should. I recently found out the following.

There are 2.3 million short!!! This co. only has 34M outstanding, and at least half of that is in very firm hands. Do you have any idea what that does to a stock that only trades about 70K shares p/d? That is what cause that qick jump of 6% late yesterday IMO--short covering. That fabulous PR with those high grades scared a couple of them. They will probably play their game until we get close to profits, then they know they have to cover. Can't tell exactly when but wer'e getting close to when over 2 million shares will have to be bought to cover. Do you have any idea what that will do to a issue trading 70K p/d. Wow! What an opportunity.


Jul 02, 2008 10:37AM

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Jul 18, 2008 03:22PM

tac
Jul 19, 2008 06:52AM

Jul 22, 2008 12:01PM
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