After doing a bit of research, RMS seems pretty good value at...

After doing a bit of research, RMS seems pretty good value at this price level, the only negative I can find is the hedge book, even taking that into consideration it still looks relatively under valued.
When you look at the larger picture 80% of global gold stocks have corrected on average between 20-30% over the last month or so, RMS included, its not stock specific.
Corrections are common in a Bull markets, the trick is not to get shaken out. When the US gold price turns upwards RMS will turn with it. The catalyst is obviously going to be when the Fed elects not to raise rates next week.
The run up to live Fed meetings always presents good buying opportunities in the PM sector, its very predictable.