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despite or inspite of gold pummeling , gor keeps up the bullish tone....compared to other goldies this one only needs a hint of major swing in gold to make a decent secondary b/out....
GOR - Gold Road Resources
- Thread starter Wysiwyg
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EXCEPTIONAL METALLURGICAL TEST RESULTS FROM GRUYERE PROSPECT
Highlights
Total Gold Recovery ‐ 96.0% to 98.0%
Gravity Gold Recovery ‐ 52.2% to 69.2%
The comprehensive assays did not show any deleterious elements and the excellent gold recoveries achieved indicate the ores are not refractory
Gold Road Resources Limited (Gold Road or the Company) (ASX: GOR) received the results of a recent first pass metallurgical test work programme carried out by ALS between December 2013 and January 2014. The metallurgical testing, which included gravity and cyanidation leach testwork, was conducted on five composite samples. These samples were taken from previously reported drill holes.....
If you want to read more, then you can do so by clicking on this link:- http://stocknessmonster.com/news-item?S=GOR&E=ASX&N=666534
Highlights
Total Gold Recovery ‐ 96.0% to 98.0%
Gravity Gold Recovery ‐ 52.2% to 69.2%
The comprehensive assays did not show any deleterious elements and the excellent gold recoveries achieved indicate the ores are not refractory
Gold Road Resources Limited (Gold Road or the Company) (ASX: GOR) received the results of a recent first pass metallurgical test work programme carried out by ALS between December 2013 and January 2014. The metallurgical testing, which included gravity and cyanidation leach testwork, was conducted on five composite samples. These samples were taken from previously reported drill holes.....
If you want to read more, then you can do so by clicking on this link:- http://stocknessmonster.com/news-item?S=GOR&E=ASX&N=666534
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GOR - Gold Ore Resources
I was searching for postings on this scrip and apparently none existed.
Today is a great day - gold shares have come down as Hillary is likely the winner . Lucky for GOR as it went to a trading halt. A lot of news - time will say the outcome of them. But GOR managed to have 50: 50 JV with Goldfields - 7th largest gold producer with head office in South Africa .
http://www.asx.com.au/asxpdf/20161107/pdf/43cq1ql8qzqz5d.pdf
It will be interesting future for eastern goldfields and Kalgoorlie
Joe - please merge my posting to any existing GOR thread.
DNH
I was searching for postings on this scrip and apparently none existed.
Today is a great day - gold shares have come down as Hillary is likely the winner . Lucky for GOR as it went to a trading halt. A lot of news - time will say the outcome of them. But GOR managed to have 50: 50 JV with Goldfields - 7th largest gold producer with head office in South Africa .
http://www.asx.com.au/asxpdf/20161107/pdf/43cq1ql8qzqz5d.pdf
It will be interesting future for eastern goldfields and Kalgoorlie
Joe - please merge my posting to any existing GOR thread.
DNH
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Re: GOR - Gold Ore Resources
Thanks Joe for merging the threads on GOR.
Today as soon as the market opened, the price shot only to settle around 6% higher. Interesting time and will watch more closely how it behaves following US election like other gold shares.
Any one can share on the jV proposal and what you think - will be appreciated.
DNH
Thanks Joe for merging the threads on GOR.
Today as soon as the market opened, the price shot only to settle around 6% higher. Interesting time and will watch more closely how it behaves following US election like other gold shares.
Any one can share on the jV proposal and what you think - will be appreciated.
DNH
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it's fair to say on a tech basis that channel is a text book bull indicator keeping in mind where it started relative to what Au has been doing in the same period
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Yamarna and GOR graph trajectory is impressive and only came aboard recently... but must admit I have an emotional connection so hence my desire to see and hear more objective viewpoints.
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current COT suggests to me Commercials are bid
the GOR channel says deep pockets have a strong positive view on the stock
and the non-fudgeable #'s tend to back that idea
however as each 1c increase the cap value you have to ask the question of delivery on the companies implied promise as a relative % of the increase
the base of this channel i drew mid 2014 with the roof at .440ish
note the take off and the opportunity to sell into the strength however the channel held so well price did not sink enough make the floor of the incline, always a positive outlook depending on your speed of acting on the idea of the bull swing(s)
ideas on a page
the GOR channel says deep pockets have a strong positive view on the stock
and the non-fudgeable #'s tend to back that idea
however as each 1c increase the cap value you have to ask the question of delivery on the companies implied promise as a relative % of the increase
the base of this channel i drew mid 2014 with the roof at .440ish
note the take off and the opportunity to sell into the strength however the channel held so well price did not sink enough make the floor of the incline, always a positive outlook depending on your speed of acting on the idea of the bull swing(s)
ideas on a page
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"the base of this channel i drew mid 2014 with the roof at .440ish" Now at 0.775 after the volatility of past week so guess you are saying its is vastly overvalued.
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depends on how you value versus how you think others value the stock
clearly when there was previous divergence a group of investors decided there was no more upside and then the bidders decided there was a discount to be had
overall the channel is providing a sloped range, bullish in any book, providing levels of risk
without production what are the measures of value ? (questioning how a value is derived does not denote or default to being "overbought")
rather than spend time on figuring the fundamental value as an investor you could figure the risk level as a (bid) trader given that the chart has offered what others think the stock is worth todate
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Well I guess my background over the last 40 years on this resource, albeit intuitive and lived is taken into account... As a newbie have made the risk assessments I am aware of to date. Joules I love your constant and informed commentary and time will only tell of I have invested wrongly
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GOR is also one of my picks in the 2019 Stock Picking comp so I will drop in at least once a month and have a squiz and a yarn if appropriate.
Chart looks very pivotal to me at the moment with the recent double bottom around 60 cents and now a nice few days rally.
Don't really want to see too much decline from here if possible, and if it does, that 60 cent zone HAS to hold. You still working this one over @Joules MM1
Chart looks very pivotal to me at the moment with the recent double bottom around 60 cents and now a nice few days rally.
Don't really want to see too much decline from here if possible, and if it does, that 60 cent zone HAS to hold. You still working this one over @Joules MM1
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been a long time tween drinks on this one
checking money flows suddenly back on the black ...most goldies should be seeing speccy dosh and the 13week money that appears to drive trend came in like a funnel ..generally liquidity appears to be expanding bid-side ...generally some shake n bake of weak longs ....yeah, that .600c looks a gtfo
checking money flows suddenly back on the black ...most goldies should be seeing speccy dosh and the 13week money that appears to drive trend came in like a funnel ..generally liquidity appears to be expanding bid-side ...generally some shake n bake of weak longs ....yeah, that .600c looks a gtfo
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Lol …. In hindsight I wish I'd acted more on your "drinking stories" way back then!
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The Chart tells the story …. Increase in Volume as well ..
Goldies breaking recent resistance zones on increasing volumes …. mmmm
……. time to start looking out for Index shorts at appropriate moments perhaps
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Gor belted today.got in on one of my unlucky system...
Seems the sales of 10pc of its shares by gold field was not received well...
Seems the sales of 10pc of its shares by gold field was not received well...
Porper
Ralph Nelson Elliott
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This one got me. Was going well and I didn't move the stop up as I should. Lazy. Small loss and deserve it. Always learning in this game.
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Just home to see this one … Nasty! Been on a nice trajectory till today. Even NST NCM and the smaller SLR, PNR have been under recent pressure …… There has been some Gold/Index/AUD etc juggling going on for a while on the bigger stage ….. The fear/greed ratio feels a bit fragile
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Was watching GOR, really wanted to buy in there a couple of weeks ago at around $1.04 but no cash, (stupid impulsive mistakes have been made, expensive lessons!)
It seems GOR, currently $1.165 has been flying under the radar, but it seems to me as a better prospect than Dacian at the moment.
Hit $1.20 well on Friday, but with gold stocks pressure easing, has retreated a little.
2019 shows a nice trajectory and you should do your own research.
F.Rock
It seems GOR, currently $1.165 has been flying under the radar, but it seems to me as a better prospect than Dacian at the moment.
Hit $1.20 well on Friday, but with gold stocks pressure easing, has retreated a little.
2019 shows a nice trajectory and you should do your own research.
F.Rock
