RE:Hong Kong v. ChinaFor now the Market agrees with you, or the price would be triple.
But most of that debt is Short term. you need to subtract short term assets. IMO the long term shouldn't be included as it is taxes and reclamation and are in the future. And from what you are saying they have no future in China.
I tend to look at things different.
I see these guys in the present. No one discounts all the major corperations that operate in China.
They have a very low AISC some of the lowest in the industry.
They have a good work force.
They are going to increase production.
They can afford a Div.
They may get bought out.
Gold is going to 3000 ect
But keep on posting the negative, as it keeps me grounded. Some where in the middle is the truth
GLTA