who's gonna keep kicking on with the chinese?, page-5

im thinking half my original holding.

I actually now have a stupid amount in GDO and just will ride it through to the 10% gain.

I'll probably just then leave that as cash as I'm going on holiday to US for a month in August so I'm not planning on investing that much till september.

Looks like it will still be a strong company post deal. Even the 40 cents shares arent 'ridiculous' in discount, as it was hovering around the low 40's until the chinese bought out the investment fund for 53.

Dont get me wrong, NF and the chinese are getting a better deal, but we are getting a free ride into a chinese fund looking to capitalise on the Southern African commodities bull market, with a manager who has a proven track record of making a 'safe' reliable mine (these are few and far between in SA). This thirst for growth and this skill in management have a chance to combine to make GDO a premier gold/resource company.

BUT the risk profile is higher than pre deal so I will take a fair bit of cash off the table