Gold Resource Corp (NYSEMKT:GORO)

CAPS Rating: 2 out of 5

Low cost gold producer in Mexico, focused on cash flow and potential dividends.

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Member Avatar mathmole (< 20) Submitted: 2/1/2016 10:06:06 PM : Outperform Start Price: $1.37 GORO Score: +132.97

Economic crash will make gold and silver soar

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Member Avatar capitalisthippie (< 20) Submitted: 4/7/2014 6:39:31 PM : Outperform Start Price: $4.22 GORO Score: -34.10

Undervalued gold and silver miner with margins that should go higher and great potential for production growth. No long term debt and you can collect the dividend in bullion...

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Member Avatar Glen8ak (< 20) Submitted: 10/28/2013 12:58:26 AM : Outperform Start Price: $4.47 GORO Score: -43.65

With a dividend yield of 6.74% and low operating costs of less than 1000 dollars per ounce, this is a great stock to cash in on the eventual recovery of gold prices, and if it doesn't pan out they can still afford their dividend payment-but in the long run this looks like the motherlode!.

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Member Avatar HoldThatWinner (31.96) Submitted: 4/27/2013 1:22:26 AM : Outperform Start Price: $7.43 GORO Score: -88.65

I'm All In.

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Member Avatar einzling44 (21.68) Submitted: 3/24/2013 2:00:31 PM : Outperform Start Price: $10.29 GORO Score: -100.22

Collective easing and/or another crisis will push gold.

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Member Avatar Litigation (23.43) Submitted: 3/16/2013 7:14:08 PM : Outperform Start Price: $10.35 GORO Score: -101.82

Price Target: $19

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Member Avatar BelVegas (< 20) Submitted: 11/9/2012 11:33:19 AM : Underperform Start Price: $13.20 GORO Score: +123.46

With each quarter the warts get exposed. Going lower.

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Member Avatar mrmgsa10 (< 20) Submitted: 10/19/2012 1:21:32 AM : Outperform Start Price: $14.34 GORO Score: -118.73

Down on misinterpretation of news should bounce back to 20+ after earnings in 1 month with target of 30

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Member Avatar tradingfool05 (< 20) Submitted: 4/6/2012 11:19:31 PM : Outperform Start Price: $20.13 GORO Score: -133.13

The key to this company is using base metals (copper, zinc, etc.) to cover the cost of mining, to essentially bring the cost of gold to zero. They have five properties with one in production, and others set to, so they can maintain the material "funnel" to keep increasing gold equivelent output. Another key is that gold price can drop 25% and the company can stay profitable.

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Member Avatar rodessa (46.27) Submitted: 3/6/2012 6:42:25 AM : Underperform Start Price: $18.59 GORO Score: +134.65

It seems that it is a fraud, for the less the principal mining activity is not gold, as declared, but silver, and it seems that the management has a dubious past with a bankrupcy in the previous company they were managing.

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Member Avatar BuffettJunior1 (96.10) Submitted: 3/5/2012 11:37:04 AM : Underperform Start Price: $18.91 GORO Score: +133.55

The past few years have reminded me of the 90’s tech bubble. It seems that if you just put the word “gold” in your company name the stock is automatically worth a thousand times its fair value. This is the same trick used in the 90’s where all you had to do was put “dot com” in the company name and the stock price would shoot up to some ridiculous valuation. I was also very surprised to see that this company pays a dividend. Since this is still an exploration stage company and has obviously never been profitable, then why in the world would they pay a dividend? This is pretty much a legal Ponzi-scheme where the company uses the investors own money to pay them with. This is an awful company that doesn’t deserve to exist; I truly cannot understand why anyone would invest in this trash stock.

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Member Avatar garymellon (< 20) Submitted: 12/27/2011 10:16:21 AM : Outperform Start Price: $16.82 GORO Score: -143.22

I am a civil engineer with an MBA from a top UK business school. I have been investing in gold since 2003, when I first bought the metal. Over the years I have research the market thoroughly and have met and discussed development with many board directors of several metals mining companies. By far the ones that have impressed me the most were the Reid team at Gold Resource Corp (GORO). As a consequence, I have had a large holding in this stock for over three years and obviously follow them very closely. As a management team they have done what they said they would do. They are qualified geologists and mining engineers who have put many successful mines into production. Now, with their own seed corn money, they are developing a gold/silver mining company that is leading the market in providing returns to their investors that is second to none. Many outsides don't understand the gold mining business and many of the accountant and PR types running other minerals companies would prefer the Ried's to conform to their lower standards rather than set such a high benchmark. The other miners are beginning to change in offering a dividend however they are still floundering in the wake of GORO's rate of return and genuine growth prospects. Having set out a clear strategy of "Focus on Cashflow and Dividends", the Reid's have no need to change.

I'm looking for GORO to fly in the first few weeks of January with a sustained continuous move up throughout 2012-13.

Regards

Gary Mellon
London, England.
27 Dec 2011

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Member Avatar rfaramir (29.57) Submitted: 4/13/2011 3:08:12 PM : Outperform Start Price: $20.88 GORO Score: -143.58

Just paid a dividend, though it doesn't show on Fool stats on Ticker page.

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Member Avatar domesticwolf (< 20) Submitted: 12/7/2010 2:55:29 PM : Outperform Start Price: $20.04 GORO Score: -150.87

One of the best miners witht he best cash flow. They did not waist money proving up their resources which would have deluted thier capital structure. Have a tight capital structure and excellent management team focused on bringing the highest ash flow to the shareholder.

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Member Avatar PTOAD (< 20) Submitted: 11/12/2010 10:18:56 AM : Outperform Start Price: $17.85 GORO Score: -152.16

I bought into this 3 years ago. If i had paid attention to this groupe of investors a pile of money lost. The majority has stated underpreform for months, why, it is the only one of several I am following that has made a respectable move and made any profitable gains.........P

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Member Avatar mizzou66 (< 20) Submitted: 10/28/2010 6:51:05 AM : Outperform Start Price: $15.75 GORO Score: -152.31

Production and dividend have begun. Looks to be very shareholder friendly. Use only limit orders and watch the spread.

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Member Avatar Dormin111ob (96.33) Submitted: 7/21/2010 9:51:34 PM : Underperform Start Price: $10.53 GORO Score: +160.38

How the hell does a company with 4 employees become worth more than 600 million dollars? How the hell do 4 guys even search for gold and silver? How the hell has this stock continued to go up despite losing money. This babies dropping at least 50%.

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Member Avatar dcullers (53.50) Submitted: 9/24/2009 6:18:10 PM : Outperform Start Price: $5.27 GORO Score: -134.44

GORO is an interesting junior with HUGE upside potential. As long as production starts soon, this stock should grow by leaps and bounds while offering (hopefully) a very solid dividend. With the mill all but completed and training soon to begin, production should still be on track to start by year end meaning they may actually generate some cash flows soon.

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Member Avatar Bkeepr100 (< 20) Submitted: 9/9/2009 12:07:29 PM : Outperform Start Price: $5.65 GORO Score: -141.26

A new low cost producer of gold and other associated metals. Processing of their banked material will start very soon, an estimated 70,000 oz of gold this year at a cost of $100 per oz.

The company has said they are going to also pay a dividend to all stockholders.

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Member Avatar Melrune (25.40) Submitted: 7/22/2009 12:04:00 AM : Outperform Start Price: $3.25 GORO Score: -116.11

Gold resource corp purchase rationale:

1-Strong backer in the mid-tier miner Hoschchild (provide both financial stability and mine exploitation expertise). They own 24% of the company and have usually a goal to acquire up to 40% (so goldcorp result can be accreditive to their results). The other 16% is likely to be acquire via the market.

2-Management own about 24% of the company. Usually a good sign.

3-Production start plan for 2009. Production ramp up from 70K ounces per year to 100K to 177K.

4-Using by product credit, forecasted production cost is plan to be in the 0$ range (starting the second year).

5-Market cap divided by cash flow is expected to be around 3 the first year, 1.9 the second year and 1.05 the thrid year.

6-Great exploration potential to add resources, in fact it is likely whart has attracted Hoschchild in the first place.

7-Management seems shareholder friendly, they want to grow the company with cash plow and pay as follow: 1/3 cash flow dividend, 1/3 mine development and exploration and 1/3 taxes.

Short term catalyst for price increase: They are waiting their final permit in order to be able to start the open pit production.

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