Murphy Analytics Announces Initiation of Coverage on Goff Corporation
March 27 2013 - 4:00PM
Access Wire
St. Louis, Missouri - Murphy Analytics (MA) has
initiated coverage on Goff Corporation (OTCBB:GOFF). The Initiation
Report contains a discussion of GOFF’s business operations, market
dynamics, macroeconomic data and indicators, financial results,
potential results, and risks. The Initiation Report is available
at: http://www.murphyanalytics.com/uploads/GOFF_Initiation.pdf.
Analyst Patrick J. Murphy, CFA, notes in the report: “The
Company's primary interest is the LGC15011 or "La Frontera" Gold
Project in Aguadas, Dept. Of Caldas, Colombia. The project is being
assessed for its potential as a low-grade, large bulk tonnage gold
and silver prospect. Colombia is currently one of the leading gold
mining areas in the world producing over 55,509 kilograms of gold
(2011), primarily from the region where Goff's subsidiary Golden
Glory Resources holds leases on the La Frontera Property…While a
range of forecasters are predicting near term price declines in the
price of gold, there are also those who believe what appears to be
a serious economic slowdown in the Euro zone and projected slower
growth in the developing world, as well as monetary policy, will
lead to higher gold prices.”
About Murphy Analytics
Murphy Analytics is an independent investment research firm
providing coverage of microcap stocks. MA helps report readers
become more informed about equities without extensive analyst
coverage. MA is owned by Patrick J. Murphy, who has nearly 20 years
of capital markets experience, providing institutional investment
and transaction analysis across a range of asset classes including
microcap equities, commercial real estate debt and equity,
municipal derivatives and public finance, venture capital, fixed
income, CMBS and mortgage REIT's.
Contact:
Patrick J. Murphy, CFA
pmurphy@murphyanalytics.com
Disclosure: Neither MA nor the analyst owns or
trades the shares of covered companies. MA was compensated $5,500
in advance of the publication of this report. Statements herein may
contain forward-looking statements and are subject to significant
risks and uncertainties affecting results. MA provides no assurance
as to the subject company's plans or ability to effect proposed
actions and cannot project capabilities, intent, resources, or
experience. This report is neither a solicitation to buy nor an
offer to sell securities and is to be used for informational
purposes only and should not be used as basis for investment
decisions. MA is not an investment advisor or broker/dealer and
this report does not provide investment advice.
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