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Article Excerpt M2 PRESSWIRE-13 August 2009-www.StockMarketingInc.com: Morning watchlist!! August 13th :: OTCBB:GORO) Gold Resource Corp., (OTCBB:CGCA) Cobra Oil & Gas Co., (OTCBB:AVOE) Avro Energy, Inc., (Pinksheet:NVSR) NavStar Technologies, Inc., (Pinksheet:AWSL) Atlantic Wind & Solar, Inc.(C)1994-2009 M2 COMMUNICATIONS
RDATE:13082009
StockMarketingInc: New York: www.StockMarketingInc.com :: (OTCBB:GORO) Gold Resource Corp., (OTCBB:CGCA) Cobra Oil & Gas Co., (OTCBB:AVOE) Avro Energy, Inc., (Pinksheet:NVSR) NavStar Technologies, Inc., (Pinksheet:AWSL) Atlantic Wind & Solar, Inc.
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-------------------------------------------------------------------------------------------- ---------------------------------------------------------------- (OTCBB:GORO) Gold Resource Corp.
TODAY'S NEWS!!
Gold Resource Corporation Clarifies Federal Open Pit Permit Announcement
DENVER, CO, Aug 13, 2009 -- Gold Resource Corporation (GRC) (OTCBB: GORO) (FRANKFURT: GIH) needs to clarify its previous press release of August 12, 2009. Information provided by its Mexican environmental consultant assisting GRC in obtaining the Federal permits prematurely informed the company it had been "granted the permit" but in fact it has not yet taken possession of the permit. Though the company believes this to be a technicality at this point and that the permit is very close to being issued to the company, it does not yet have it in its possession.
About GRC:
Gold Resource Corporation is a mining company focused on production and pursuing development of gold and silver projects that feature low operating costs and produce high returns on capital. The Company has 100% interest in four potential high-grade gold and silver properties in Mexico's southern state of Oaxaca. The company has 46,095,489 shares outstanding and no warrants. For more information, please visit GRC's website, located at www.Goldresourcecorp.com and read the Company's 10-K for an understanding of the risk factors involved.
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "plan," "target," "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding Gold Resource Corporation's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward-looking statements in this press release are based upon information available to Gold Resource Corporation on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The...
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