$6.08 close today with 3K GORO? Approx $1,270 gain. Or simple bitch and moan since Oct 1. 1K @ $10, 2K @ $3.50
Day Jason Reid became CEO? Oct 1 ’13 GORO closed $5.92. Today closed closed $5.75 down .17 since with addnl .17 divs (same .14 + Oct .03) so broke even PPS, to reinvest FREE! Newmont? Oct 1 ’13 Closed $27.21 and today? $$26.39 DOWN $.82. I don’t follow NEM divs I don’t get but I DO know the better CEO performance. Can do same effect OVER and OVER. WAS NOT his selection to add the CEO duties to COO. Was the gold market as any dumb fool knows. Event? Mon Sep 30 POG was $1333.10 close. Tuesday Oct 1? Fell $42.40 to close $1290.70!!! Kept falling to final low $1187 week before XMAS. Rising since as has GORO after May 12 bottom $3.52 up $2.23. THAT’s the time to buy not moan about pretty awful timing. Says YOU’RE the dummy not him!
I DO recall saying were I you I’d buy all the $3.5 GORO I could. Nope! Blame the smarter guy not the market. If it was wise to start? It stays smart with the same management over a decade and Jason’s been there each step of the way since I’ve been involved. Shit, Beth could have taken it on as well and taught you lessons too. She gets to enjoy the life they made rehabbing old mines 3 decades with one nice shiny new.
NOW, had you listened? each 1K $10 GORO at $3.50 had lost $6.500. Each 2K then at $3.50 costed $7K for total 3K for $17,000. Today the 3K are worth $17,250 earning $30 monthly. Back at $10? $30K up $13,000 gain. But easier to say CEO’s responsible and forgo all that. BTW ever MET Jason? Drills like Dave and operates like Bill world wide known. I admire the guy’d put up with dumbo shitheads think they know mining. 8
“Jason Reid, the Company’s President, was
unanimously selected by the Board of Directors to succeed Bill Reid as the Company’s CEO
effective October 1, and will continue to serve as its President and a director.”