do baiyin really intend to buy our shares?, page-9

yeah if I thought it the gold sector was about to turn bullish tomorrow, I would sell. I think GDO is getting suppressed and everyone is too scared to claim the 9% arbitrage opportunity so the SP will bumble along. I think GDO will sit in or around this range until T/O time. I personally think we are likely to keep going lower than higher, so having a big chunk of money in here for a guaranteed 9% over a couple of months isnt the worst thing I could do at this stage atm.

In terms of the gold sector in general.

At one stage IGR was 72 and GDO was like 28... At that stage GDO was the biggest no brainer around, as such I sold my IGR to buy GDO

Now IGR is 40 and GDO is 50+. At some stage IGR becomes the better value goldie. It is getting close to that stage again.

IGR is just one example I know of, there are other gold producers in similar situations that are falling behind due to general sentiment while GDO flies due to corporate dealings.