it's only growth and "market noise" imo

It's only market noise as nervous nellies leave the building. GDO is not a flash in the pan IMO but potentially a major gold producer of the future taking the necessary steps to grow their asset base while offsetting much better than expected income from current assets due to better than expected grades and an increasing gold price. Add to that potential upgrading of reserves in the near future and the obvious next step is to offset this huge "profit".

Just look at the fundamentals and look further than day trading fluctuations in the share price.

Making heaps of money ???.......buy a bargain asset running at a loss due to poor management and operational practices, then :

1. Offset the profit against the loss and take on debt that is manageable that will absorb profit through growth in the immediate future while you plan and execute your major expansion plans.
2. Merge the new acquisition into your operation , strip out the unnecessary or doubled up overheads and resources , introduce more efficient and safe practices and generally clean out the "dead wood" attached to your new acquisition.
3. Get rid of the assets that are not of benefit to your core business (which further decreases your buying price for thew asset) which was already a bargain.
4. Engage a "new" joint venture partner prior to the purchase (from previous known business networks) who will be interested in such a business deal who will inject significant funds initially to your bottom line and will take up an interest in the assets which are not fundamental to your core business but which you know enough about to know the value of to either your company or your new "venture" partner.
5. Should you choose to retain and operate the uranium leg of the business as an intergrated part of your existing business or in the future sell that "leg" of the business to the new "venture" partner , either way you cannot loose because either way there's more funds coming back yet you have still retained a major increase in your core asset base and minimised tax while increasing the shareholder and company asset base.

Sounds like a familiar formula to me ...........so let the nervous nellies leave the building because i will be on the buy side as I have been in recent months.

At the end of the day it's only market noise when the fundamentals and direction are clear.

They are to me , but DYOR.

I am accumulating GDO and will continue to do so.

Best wishes to all holders .