RSG 4.38% 71.5¢ resolute mining limited

Ann: Gold Dividend Payment Information-RSG.AX, page-8

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  1. 28 Posts.
    I think fundamentally the financial status is very well for Rsg, it has a lot of gold reserves, lower debts, generating good amount of profits (giving out dividence), positive news as well as good potential project lining up next year, this should provide some degree of confidence for buying in more I think? Plus other international factors contributing to the price changes, like the Saudi Arab may push the oil price to even lower rate, in my opinion, very likely, it is probably hard for oil to go back to above 50USD/barrel, so that will further facilitate Rsg's future gold exploration plan, now the uncertain factor is, whether Fed will increase interest rate, that may change affect on gold price and Rsg, but Rsg should be able to survive through it with the current situation...
 
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