RSG 6.03% 61.5¢ resolute mining limited

Ann: Syama Oxide Exploration Update, page-7

  1. 2,289 Posts.
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    Colinchi, my hunch about how you would view this announcement is
    that it would only confirm your views about RSG's oxide reserves being
    depleted and that a further heap of cash will still need to spent
    sooner or later because there will be no choice but to go underground.
    Am I right ?

    To me it does seem from the announcement that there is a desperation to
    find some more surface level ounces and though they have found some,
    the announcement whilst somewhat encouraging to some does not proclaim
    a bonanza find as indicated by a relatively unmoved sp.
 
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