GORO Under Surveillance

“It’s a silver miner pretending to be a gold miner, end of story,” Rock concluded. “It’s profitable now, which is good, but it’s hugely overvalued for what it is, even what it promises to be later. And finally, let’s remind ourselves that GORO hasn’t bothered to put together a 43-101 (independent engineering report), and nobody really knows whether what they say about their PM (precious metal) deposits is true or not.

“But what ‘Silver-with-a-Bit-of-Gold Resource Corp.’ does have,” he added, “is a legion of fanatical gold-bug loopheads as shareholders … people who give gold bulls like myself a bad name.”

The Streetsweeper.com

Gold Producers Set For Late Year Pop

“You have to work pretty diligently to make things fail when margins are at US$1,500.”

Financial Post

-F6