Couldn't agree more.
No doubt big holders who bought last year were disappointed with the yearly production falling short due to the 5 weeks mining strike. Also news of flooding nearby may have scared a few. Charting wise it may drop a bit too. Bot selling in recent weeks. Plus gold stocks took a hit today across the board.
Short termers will be panicking and sell but anyone looking into the future will see this as a good time to get in (26-33c).
Overall this company is FUNDAMENTALLY gold!! You summed it up perfectly greyhound. Couldn't care less if the SP tumbles or not in the short term (other than to top up more)...in a few months if production stays on track this stock will rocket.
After all (as greyhound mentioned) they are producing gold. Gold is a commodity and GDO produces it cheaply and is increasing it's production year on year.
Will just sit back and watch this one grow...
Couldn't agree more.No doubt big holders who bought last year...
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