TBR is one gold company that is extremely cheap, but this is due to the major holders not caring about the minor shareholders. If they closed the company down, shareholders would get atleast double the share price from cash and gold holdings alone. It looks like holders are/will get buggered on this one.
GDO's story looks different? The major holders are keeping shareholders well informed, the share price is holding up, Directors/management who are not with the Chinese hold shares and options.
How do others see this one panning out? I hold and find the stock very cheap. There is always a risk when there is a controlling shareholder.
GDO Price at posting:
49.0¢ Sentiment: None Disclosure: Held