GDO 0.00% 30.0¢ gold one international limited

zuma speech raises south africa mines national, page-15

  1. 170 Posts.
    I am pretty sure that the risk of government nationalisation is priced in already and that is one of the reasons why the stock is trading at about 40% of its true value IMO. I really don't think this is a realistic risk, Zuma has said a lot of things that are completely off the wall and this statement is most likely just talk to make himself look like a man of the people for a certain constituency. There is a big difference between saying things like this to impress voters and actually doing it.

    Got any more risks? I actually dont mind reading about them, it may give me slightly more time to accumulate if the price stays down like this.
 
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