GDO 0.00% 30.0¢ gold one international limited

The Chinese change of control significantly derisked GDO as far...

  1. 474 Posts.
    The Chinese change of control significantly derisked GDO as far as South African sovereign risk is concerned. The South Africans have been invited into the BRICS club and I believe the GDO deal was part of that. However the likelihood is now that the stock will be taken over before it can be a ten-bagger for us and certainly will never pay dividends in gold as all production will go to China. Still I intend to hold most of what I have until compulsory acquisition kicks in down the track.
 
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Currently unlisted public company.

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