Archive for October 6, 2009

Gold Hits New High. Production Focused Juniors Should do Well.

GORO ($7.35):  GORO should be in gold production by the end of the year.  If they can show cash costs of $100/oz, the stock will push into the teens.  At $1,000 Gold, Year 1 cash flow expected to be $60 million and growing to $170m by Year 3.  GORO currently has a $338m market cap.
TLR [...]

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