GFI is it cheap at R120

[surfer]

GFI is it cheap at R120 and do u guys see any upside?.I seem to think so but probaly a rollercoaster up

[#2]

At present I agree that GFI is a bargain my concern is will it go further to 110 or not. I wll be happy to get in at 100 - 110 levels.

[#3]

GFI are issuing loads of shares. This means that they are diluting their share price and I believe it will continue to fall, all things being equal, ie the Rand gold price not increasing. One thing I am upset about is that they aren't doing rights issues, but raising private equity at who know what price per share.

[Amar]

Private equity shares were raised at 113.50