GDO 0.00% 30.0¢ gold one international limited

gdo is extremely undervalued

  1. 14 Posts.
    Compare GDO to Banro, who is building a mine �n the DRC and won't produce a single ounce until end of 2011. Their total resource is even lower, yet they have a market cap of U$443 million, almost twice that of GDO. GDO should give the highest priority to a substantial increase of the output. Somehow the 20 million ounce resource does not match with the modest production of 90,000 ounces. if management pays down debt agressively and re-invests all free cash flow in a capacity upgrade the market will start to appreciate this and revalue the company. I would not even rule out some kind of M & A activity as their are many tier 1 producers hungry for new ounces......
 
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Currently unlisted public company.

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