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08/11/11
18:05
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Jeroenn1,
I initially sold out when the takeover offer came out because I could see that there will be other opportunities out there.
I've always known that GDO will be a gigantic company down the track. That is obvious to me so I'm back in and waiting.
The production that they have gained from this takeover will catapult them into a large cap resource category IMHO.
The new production is running at a much higher cost however with Gold stabilising and rising there is only one thing that this means to GDO.
Massive cash flow.
Other people can say what they like but the share price will speak for itself eventually.
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