GOR 1.06% $1.64 gold road resources limited

This is the last straw for me, I'm out of GOR on this news. Why...

  1. 165 Posts.
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    This is the last straw for me, I'm out of GOR on this news. Why would anyone trust this GOR Chairman, with his abysmal track record, to do better than the superior management teams at EVN or NCM in a Canadian foray? Quite simply, they aren't capable of managing a Canadian asset. I was holding onto this dog for potential DEG optionality with the free cashflow from the current JV...but now with this risky foray, it will likely soak up GOR's free cashflow and reduce their bandwidth to do much with DEG. I'd want a much better management team and Board to be in place at GOR before I'd back them to pull off something like this. Plenty of other stocks to own out there, I'm out.
 
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Last
$1.64
Change
-0.018(1.06%)
Mkt cap ! $1.792B
Open High Low Value Volume
$1.66 $1.66 $1.63 $1.512M 919.9K

Buyers (Bids)

No. Vol. Price($)
19 33346 $1.64
 

Sellers (Offers)

Price($) Vol. No.
$1.64 18282 6
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Last trade - 10.22am 30/05/2024 (20 minute delay) ?
Last
$1.64
  Change
-0.018 ( 1.75 %)
Open High Low Volume
$1.66 $1.66 $1.64 94742
Last updated 10.40am 30/05/2024 ?
GOR (ASX) Chart
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