This stock provide much better odd than mining stock.
Current NTA 20 cents, current price 4 cents.
The gold has already been discovered. The cash is there already in the bank.
Only one major problem.. potential fraud..
However, given the scrutiny currently.. it will not be easy for the CEO to took off with the money. Otherwise he’d done it already.
Where can they run to ? Australia, US, Canada, Taiwan, Hong Kong ?
Also it will not be easy to liquidate the factories and land.
If shareholders keep up the pressure with the Chinese media, Chinese Government and police. The cash currently in the bank will be ours.. we shareholders already own the cash, we already hold 80% of the shares.. it is just a matter of getting access to the cash.
Like i say, the gold has already been discovered and extracted it is just a matter of getting our hand on the cash..