it's not just another gold stock

Guys
I think we need to distinguish GDO from other gold stocks for a few reasons.
1. As a high margin low cost producer GDO sensitivity to increase rand is very low. Refer to Feb site visit preso.
2. As a low cost producer outperformance in a rising gold price environment is more likely. Refer to MCR vs IGO performance from their GFC bottoms. mCR up 2.7 times IGO nearly 5.6 times
3. Large chunk of capital goods bought , trucks equipment etc so margins easier to stay robust.
4. Mine life very good for a small to mid cap.

Moreover JP Morgan price prediction of rand denominated gold is up for the next four years. Rand gold price less than 5% off all time high as rand hasn't appreciated as much as Aud .

I read recently gold 1500 us very significant psychological level and likely to go much higher if it gets there.