@bear77 I too have heard the same regarding NCM. Regardless if they make an offer or not, GOR is a cash cow and I am happy to accumulate every month. With a 12 year + mine life and low asic, the dividends are going to be delicious.
Great report. Market liked it. GOR was up +11.15% today (up 15 cents) on the back of it, from a $1.345 close yesterday to a $1.495 close today, being the best performing gold miner today by a country mile. And I only just raised my PT ("Valuation") for GOR this week (two days ago) to $1.60, and they're already only 10.5 cents away from reaching it (!) Now if only I owned some GOR shares....
29-Jan-2019: Gold Road Resources (GOR) is an emerging gold producer that may well be (or soon become) a takeover target for a bigger player.
GOR released an announcement today detailing their progress at Gruyere - see here.
The rumour is that Newcrest (NCM), Australia's largest listed gold producer, is running their ruler over GOR. It could just be a rumour of course, and rumours - and takeover speculation in general - are no basis for buying shares, but it's worth noting.