RSG 3.37% 43.0¢ resolute mining limited

The Move Towards $2 again, page-185

  1. 12,263 Posts.
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    For investors wanting to double their money on a medium term outlook (2-3 years), I can't see a better risk/reward proposition on ASX. 2018 might be a bit of the same as 2017 for RSG. ie more good performance that is overlooked or even sold down by the market, but investors won't be able to ignore RSG once 2019/2020 comes around, after which it's going to become a cash cow and creep up with the ranks of NST and EVN, except it will have a real world class mine and a lot of promising exploration ground to drive its future going forward.

    If one can be disciplined enough to buy the dips over the next 2-3 years I think it's possible to set up a nice retirement nest egg here after 2020. ie a set and forget type of holding (assuming the recoveries at Syama actually meet engineering expectations).

    All just personal opinion so please do your own research and have a prosperous new year with whatever decisions you take. Esh
 
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43.0¢
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44.0¢ 45.3¢ 42.3¢ $8.553M 19.78M

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