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08/11/11
16:44
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Hi Champ,
I don't hold yet but I will soon as I am waiting for closer to December when the manipulation will cease.
I may not have all the information but it appears that they have a business plan to go from 120k ounces to 300k per annum.
A PE of 3 with incredible growth and funded.
To me I disagree that there are a multitude of opportunities better than GDO. To be honest I have never come across an opportunity that is better.
The only risk I see is that the chinese get closer to 90% rather than the 60% due to liquidity issues.
The value at 55c appears to be astonishingly good.
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