pay dirt, page-19

BAGM,

Thanks for the sums and i fully understand what you are thinking going on your previous post re Ramelius.
As i have been told several times "the market misses nothing"?? and if that is correct, perhaps the uniqueness of Ramelius sets it apart from all others.

I am not complaining about RMS's share price, not at all! and yet (my opinion only) for what it is worth, what sets Ramelius apart from others are the good foundations and the slowly, slowly, approach on this Wattle Dam discovery and its surrounds.

Perhaps some fully recognize a premium in the price is the result of the abovementioned foundations together with a slowly, slowly approach and importantly Ramelius being completely debt free - plenty of reserves for milling and cash in the bank. Not to mention its own freehold Burbank's Mill which above all does not treat hard ore and all this reduces costs.
Just imagine some of the exising goldie's out there who have much more declared gold but are perhaps heavily in debt. It can't help the bottom line! and will they survive?

I reckon this is the pick of the rides and by the next quarterly, you are more than welcome to serve it up to me if i am wrong.
With the current gold price, Ramelius is a money making machine. A bit like backing last years Melbourne Cup winner every day. If you can appreciate the analogy.
I have said it before, my broker has a laugh if i dare mention Ramelius but then of course, i can proudly say "look at my .12 cent entry price and after todays quarterly i will surely have to have a dip if the share price should fall.

I note that you are into figures, and sure some out there look good on paper, with plenty of gold ore and or hard ore but do they share the same high grade and further high grade potential together with all the qualities of Ramelius? No debt? plenty of cash? cash on a daily basis?
low operating costs?

Cheers and if you like to BAGM, this is a prized catch.