GORO - An Interesting Comparison

A while back GORO came under fire from short sellers who saw flaws in this miner. But since that time, GORO has managed to pay out consistent dividends MONTHLY.

I speculate that GBN.V could get over its plainly neurotic and self-absorbed idiocy about opportunities for shareholders and provide a competitive dividend.

The gold price has to be higher, its true. But it will come. Netolitzky's mind is probably closer to the $1200/oz. range, long since surpassed. But for all of their obvious mistakes, they still pay attention to grade controls and have developed according to plan, without dissapointing on guidance.

As an example, one of their obvious mistakes was their grandiose plan long in the works, which was the JV with Masuparia. It could not have flopped more ignominiously. But as far as obvious mistakes go, this is a "better" mistake than further brutal dilution.

http://ow.ly/aG8hC

I would say aside from pointing out the mistakes, that GBN.V as a dividend payer can out-compete with the largest players. This is where the opportunity is.

http://business.financialpost.com/2012/05/01/investors-eager-for-barrick-dividend-hike/

-F6