68c is my call... closest to the pip? , page-48

Hey Mav
I like your posts as well and truly not trying to be smart .
You have said you bought a small parcel back at 41 so even your reply is a little misrepresentitice as I a deal was done hypothetically at 65 you have forgone another nearly 100 of the profits you have made.

You have to admit from 43 the upside surely is greater than the downside and even the suggestions of 53 would be you would be worse off

Please note I am not as you suggest a blind follower of management. Neither have I used them to make a buying decision or holding decisions neither do I rate them positively or negatively.'

What I base my decisions that have resulted in my glass half full view is my analysis of company using research, presentations, methodologies, comparisons of their numbers too many other gold companies and were I have needed more info I have contacted the company to understand things like Vburg and how it will be mined, development costs , sensitivities to gold price as currency appreciation and depreciation etc etc.

The only area that I have been guided by management is the rand deal , where they have explained their reasons for the purchase, how it is accreditive, the assumed uranium prod by product costs etc etc. But on this issue I have made it clear that for me unless detail is released that I dint like a remain formerly of the view GDO is a strong buy.