RSG 1.46% 69.5¢ resolute mining limited

syama; to issue more shares? , page-3

  1. 30,121 Posts.
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    the agm, really was a poor show - some cookies, one jug of fruit juice, and tea/cofee. there was no real presentation - just the chairmans report, and three posters on a board.. promising news was a "mt wright " look alike - but with no assays. i heard mention that rsg's test work, duplicated bhp's work on the ore - but then bhp went down the wrong process route (hopefully). of course, rsg picked up syama on the cheap - and partly because when the option ws taken, the gold price was about $us 320.

    frankly, in response to some questions, i was not impressed with the understanding of the business, by one or two of the directors
 
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