Vang9999, no, not dumping on you ... I actually enjoy your posts because you say some things that make me think 'oh, I might research that area'. But, you are often contradictory in your statements (maybe failed Economic101), and you Know next to nothing about RMS. If you are going to continue posting your attemps at economics on this thread, then do a bit of background research on RMS.
RMS is small, only around 125k oz pa atm. But, they are once again profitable, and are generating good cash. They are doing brownfields exploration in an attempt to expand the (MW) resource. And, yes, they have no debt ... Big tick.
They also, have not ruled out the acquisition route. However, don't hold your breath waiting for an acquisition to occur, as the line about possible acquisitions first appeared in a research report some 9 months ago, and has simply been regurgitated verbatim in a more recent RMS ann.
They have the occasional spurt in sp, which I always enjoy , but mostly they tread water, churn, slip, advance, and then after some more good news, they move ahead a bit. Plus, Big connection to the pog.
Don't expect a SBM style advance until they show that they have SBM size resources. All imho of course, and if we see that advance to 40c today, I will join Rise from the Ashes in his street dancing routine.
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