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03-02-2012, 05:17 PM
I believe it is the lowest PE gold mining company.....
When gold price was low, Zijin was also around current price..now that gold price is so much higher than before...........
One reason for the low share price is that Zijin is involved in legal issue when it polluted a river in china..but now that the issue had resolved, think things should improve.....
Please do your own research to vertify.......as I might be wrong......
When gold price was low, Zijin was also around current price..now that gold price is so much higher than before...........
One reason for the low share price is that Zijin is involved in legal issue when it polluted a river in china..but now that the issue had resolved, think things should improve.....
Please do your own research to vertify.......as I might be wrong......
(03-02-2012, 04:39 PM)dzwm87 Wrote: and what's your reasons behind it? cos of gold hedging against the global economic downturn?