Gold Resource Corporation to Reschedule Third Quarter 2023 Results Release
Gold Resource Corporation (NYSE American: GORO) has announced that it will postpone the release of its third quarter 2023 financial results in order to complete the necessary audit procedures. The preliminary results, previously announced on October 17, 2023, remain unchanged. The rescheduled conference call, hosted by President and CEO Allen Palmiere, COO Alberto Reyes, and CFO Chet Holyoak, will take place on Tuesday, November 7, 2023, at 12:00 p.m. Eastern Time (10:00 a.m. Mountain Time).
Joining the Conference Call
Participants can join the conference call in two ways. The call will be recorded and posted on the company's website later in the day. Following prepared remarks, there will be a live question and answer (Q&A) session.
To join the conference via webcast, participants can click on the following link: [webcast link]
To join the call via telephone, participants can use the following dial-in details:
- Participant Toll-Free: +1 (888) 886-7786
- International: +1 (416) 764-8658
- Conference ID: 67122083
Participants are advised to connect to the conference call at least 10 minutes prior to the start time using one of the provided connection options.
Gold Resource Corporation is a gold and silver producer, developer, and explorer primarily focused on the Don David Gold Mine in Oaxaca, Mexico. The company aims to unlock the potential of its existing infrastructure and land position surrounding the mine while also developing the Back Forty Project in Michigan, USA.
For more information, please visit Gold Resource Corporation's website at www.goldresourcecorp.com.
Implications of Gold Resource Corporation's Rescheduled Results Release for New Businesses
Gold Resource Corporation's decision to postpone its third quarter 2023 financial results release offers a "hot take" on the importance of thorough financial auditing for new businesses. The company's commitment to completing necessary audit procedures before releasing results underscores the significance of financial transparency and accuracy.
Importance of Financial Auditing
For new businesses, this situation highlights the crucial role of comprehensive financial auditing. Ensuring accurate financial reporting not only helps maintain regulatory compliance but also builds trust with stakeholders, including investors, employees, and customers.
Communicating Changes Effectively
Another key takeaway for new businesses is the importance of effective communication during changes or delays. Gold Resource Corporation promptly announced the rescheduling and provided clear information about the upcoming conference call, demonstrating transparency and respect for its stakeholders.
In conclusion, the rescheduling of Gold Resource Corporation's financial results release serves as a valuable lesson for new businesses. It emphasizes the importance of thorough financial auditing and effective communication, both of which are crucial for building and maintaining stakeholder trust.