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Stock impact report

Gold Resource: Isabella Pearl Mine Is Now Commercial [Seeking Alpha]

Gold Resource Corporation (GORO) 
Company Research Source: Seeking Alpha
Gold Resource: Isabella Pearl Mine Is Now Commercial Summary On October 7, 2019, the company declared that Isabella Pearl produced 2K Au Oz for September. Preliminary September production of gold loaded to carbon and doré produced totaled in excess of 2,000 ounces. I recommend accumulating for the long term while using about 30% of your position to trade short term the volatility which has been above average recently. Source: Mining Journal. Image: Isabella Pearl Site in Nevada. Investment Thesis Resource ( GORO The Aguila mine is the flagship operation, including the Arista underground deposit - gold, silver, copper, lead, and zinc - which provided for ~90% of the production in 2018, while the open-pit mine at Aguila contributed about 6% of the total output. Resource also has a second underground mine in operation in Mexico called the Mirador mine at the Alta Gracia deposit, which accounted for about 2% of the gold equivalent production. The investment thesis remains the same as my Show less Read more
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