Read the following and try tell me there's anything as safe and potentially rewarding.
Aiming for 120k oz for 2011, double last year.
First quarter is on track. The resource body is continuous and at low depths making it very easy to mine.
Just about to spin off another project (Goliath Gold) and have another mine starting in 2-3 years Ventersburg. Are BEE compliant making them government friendly in South Africa. Are at low depths 300-500m reducing environmental risk. Have a proud and predominant black workforce. They are the benchmark of mining in SA.
MASSIVE gold reserves and at very low cost. Mine life just got extended at there Modder's East mine.
Fundamentals are great.
May pay dividends as early as this FY.
5 different director buy ins on the market in the past 3 months.
Share price is currently 60% under fair current value.
http://www.gold1.co.za/index.php?option=com_docman&Itemid=79&task=doc_download&gid=600
http://www.gold1.co.za/index.php?option=com_docman&task=doc_download&gid=598&Itemid=91
http://www.timeslive.co.za/sundaytimes/article949972.ece/Froneman-ready-for-giant-leap
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