RMS 5.33% $2.13 ramelius resources limited

cashed up but needs to secure growth options, page-12

  1. 646 Posts.
    Dunnycan,

    I respect your right to that opinion but I must ask you this:

    What do YOU want management to do NOW that is different to what they are currently doing?

    You state that you want the SP to move higher NOW and not wait for some mythical point in the future. So what is it that would make this happen DC?

    I would also suggest to you that if a fellow SH has a different opinion to yours that it may possibly be based on their perspective and research as opposed to the size of the stake that they have. If my stake in RMS is larger than yours, does that make me instantly correct and your opinion wrong? Obviously not.

    With regard to the SP drop when Gold has risen. IMO, it is most likely a combination of the DIO "takeover" AND the GFC and the fact that RMS have yet to secure additional ounces.

    Do I want RMS SP to be +$2 now? Yes, of course I do but I am realistic. I believe that waiting for a good entry point into another gold play whilst developing current resource opportunities is a good strategy. It may not be a strategy that will move the SP overnight but it is a strategy for the long term.

    If your financial needs require instant returns then you may be very disappointed in a lot of long term growth stories.

    JMHO.



 
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