GDO 0.00% 30.0¢ gold one international limited

current technicals, page-17

  1. 3H
    5,864 Posts.
    Agree hotcongo and champ.

    One certainly wouldnt want to be short or on the sidelines on GDO right now. Sell depth is thin and all it needs is one institution to take a position and this will be over 40c in a flash.

    The gold price is getting to a point where institutions can no longer ignore GDO due to the strong cashflows this will generate. The high gold price offsets nicely the ongoing development costs.





 
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