IMO Uranium is a major play here, Thats why the Chinese got on board. I have PEN and have been watching the U308 situation v closely since the Quake in Japan. Sentiment was initially all against U but as expected the power needs of China etc are HUGE. The are short prospective supplies of U308 and will get in where they can.
Their investments dont work like ours do. The state is heavily in the background.
They think strategic with the short term money really an minor annoyance. U308 access is STRATEGIC
The gold is nice. They are happy for GDO to be the front runner on Rands uranium. .I suspect as things get better more Chinese money will come in to GDO.. 90mil lbs U308 is quite a lot and dont doubt the Chinese wants some leverage on where its headed..
They may even offshoot uranium section with sig Chinese interest.
what we shareholder feel mr foreman , page-19
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