Gold Road Resources Ltd ("GOR") - A new gold province?

**Daytr** · 06-08-2014, 03:17 PM

GOR has had phenomenal exploration success. I have been to 10+ diggers & dealers & would have loved to have been there this year. At $180M market cap as it closed last night I think is getting a bit rich for a non producer no matter what they have found. With 3.8M toz of resource they have probably a 15 year mine life already depending on production rate. If I was them I would put the drill rigs away & do a massive capital raising & take advantage of th SP. Raise $100M as they will probably need double that to get into production I would have thought.

**airedale** · 15-08-2014, 01:17 PM

Minco Investment Holdings of Hong Kong and Vancouver have just announced a SSH notice in GOR. They have been buying steadily for the last 2 months and have a 5.1% holding. GOR up 8% on the news.

**Daytr** · 15-08-2014, 03:08 PM

Do these guys have a history of takeovers?

**Grapes** · 27-12-2017, 06:01 PM

I climbed into this a couple of months back. Funded through to first gold in just over 12 months, and an aggressive exploration programme. Looks good to me. Sure, gold is a bit out of favour but if things go south it will come swinging back into play. I may be a touch early, but what the hey. It just looks like a good 'un.

**airedale** · 27-12-2017, 07:13 PM

Up to 70 cents and showing strong support at that level. If gold breaks out next year,and the OZ$ weakens it will be even better.

Originally Posted by airedale

http://www.stocknessmonster.com/news...E=ASX&N=687004
GOR above 30 cents after a presentation at "Diggers & Dealers"

**Grapes** · 27-12-2017, 07:34 PM

Have you been in since then? I've been out of the game for a while and only recently returned. I see plenty of upside between now and first gold. Hopefully the externals (x rate and POG) further enhance that. Should be an interesting year or so ahead, with a fair bit of exploration spice. I'm pleased there's somebody else following it here.

**airedale** · 28-12-2017, 10:29 AM

Originally Posted by Grapes

Have you been in since then? I've been out of the game for a while and only recently returned. I see plenty of upside between now and first gold. Hopefully the externals (x rate and POG) further enhance that. Should be an interesting year or so ahead, with a fair bit of exploration spice. I'm pleased there's somebody else following it here.

Yes G, I have been in since early 2014. there are a few others following this one. My average buy price is 39 cents buying on the dips.
Fat Prophets also have it as a buy.