Yes its its confusing why RMS has dropped so low.
There are only a few explanations.
1. The Aud rising will dissolve profits
2. The gold price will fall.
3. The gold price will fall and the Aud rise
4. There are problems with the gold plant.
5 There are problems with the mine plan.
6 There is a lag between the gold price rising and the Aud falling.
7 The market has lost some confidence in the gold price remaining high.
8 There is a belief the world will enter a recession which will result in gold price crash.
9 There is a contraction in GDP around the world which could be deflationary short term and result in a gold sell off.
In other words there is mixed market sentiment about GDP, the bail out and fears of another financial crash all of which effect the gold price.
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Last
$2.17 |
Change
0.020(0.93%) |
Mkt cap ! $2.491B |
Open | High | Low | Value | Volume |
$2.15 | $2.18 | $2.15 | $3.371M | 1.556M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30053 | $2.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.17 | 144532 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30053 | 2.150 |
11 | 110063 | 2.140 |
3 | 35990 | 2.130 |
2 | 26560 | 2.120 |
3 | 36062 | 2.110 |
Price($) | Vol. | No. |
---|---|---|
2.170 | 144532 | 8 |
2.180 | 80395 | 4 |
2.190 | 28470 | 3 |
2.200 | 66570 | 4 |
2.210 | 13970 | 2 |
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