Club Mulgoa

Monday, August 04, 2014

GOR

I have bought many mining stocks in the past.  I buy after some research work.  And usually, you trust what the company announced to the ASX.  Yet, you wonder how truthful and honest management is.

GOR had been telling the market that it has found a new gold belt, eastern-most from Kalgoorlie but the market only took erratic notice.   As of today, its worth has doubled what I paid for.  This rise has mostly been recent.  But I am glad that what the company said about finding a brand new gold belt is consistent with its resultant share price.  Bravo!

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