fresh look

If we value GDO at benchmark average of around US150 per gold equivalent resource oz(indicative), GDO would have a MC of around 3.6 billion on 24 million ounces resource however If i use measured the MC is over 5 billion will only use the indidicative bennchmark even when more then 1/3 of r resource is measured and only take 8 million ounce as resource size btw the measured benchmark is higher range from 250 to 350 US dollars however I will only take US 150 and take the size of the resource at one third that is 8 million equates 1.2 billion US even if I discount 30% applied for south Africa and 26% allowance for BEE partner Micawber we get a value of 600 million and r market cap is only half how undervalued is this stock plus we r on track to post a NP of around 100 million for 2011