GDO 0.00% 30.0¢ gold one international limited

oppies up 18% , page-8

  1. 428 Posts.
    Mav, you wrote "Let's say the sp is 65c in 12 months, at oppie expiry. Pretty reasonable figure and not in dream land."

    Options expire Oct 2012- that's 18 months left to run.

    Is 65c your one year price target for GDO?

    At $1/ share Mkt Cap would be ~$850m. Not hard to imagine for a 120kOz low cost Au producer even if you don't believe Au has a lot of upside. That ~300% gain for options bought today.

    They don't look cheap because the market is reflecting their value, IMO.
 
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