RDR

3 million ounces of gold, worth $11/oz. First gold pouring at the end of this year from Meekatharra, WA.

Why is it so cheap and why is that no one wants it?

http://www.proactiveinvestors.com.au/companies/news/25759/reed-resources-first-gold-pour-in-late-2012-at-meekatharra-after-decision-to-mine-made-25759.html