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I say things on Twitter

10/30/13

Excellent news for Gold Resource Corp (GORO) regarding the proposed Mexico royalty tax

Gold Resource Corp (GORO) will NOT be affected by the proposed Mexico royalty tax. That's because the country is planning to charge its royalty to pre-tax profits and as GORO can't turn a profit at these metals prices to save its fucking life, it won't have anything to pay.

Good news, right?


Disclosure: No position at present in GORO.