Ann: Resolute Operational Update, page-10

The gold market is going to get slaughtered if/when gold drops below US$1000 (even more so than now). It won't matter what the AU$ gold price is because capital will be fleeing towards US$ assets (because of the rising US$ - same as last year). Will be a great opportunity to buy if/when the tide turns though, or even beforehand if there's a spike low. I've got an opportunistic bid in on a few producers, including RSG. Will only be small holdings initially though until the low is proven to be in. As Loki says, that's probably going to be in 2016 (intraday). 2016 should close higher than 2015 though. Patience is the key here. Don't over commit too early. Wade in. Re-evaluate. Wade in some more if you're comfortable that your stock will be able to ride the storm. Remember, cash is king & excessive debt could mean death for many a stock. RSG is in a lot better position than it was at this time last year, imo, yet is still down near the lows. It's a reasonably well managed company with good assets. It should survive the downturn.