80c hit, page-30

Long time holder of RES, don't really post much as I put it in the bottom draw after the consolidation. Still picked up a few more here and there to average down, still under water though.

Interesting graph at

http://www.universalcoal.com/im/files/broker/research_note_pursuit_capital_16feb11.pdf

Page 11

Shows RES still lagging compared to UNV, CZA and CCC, compared to the graph in the last RES research report,

http://resgen.com.au/static/files/assets/3517f937/Citi_research_110127.pdf

Page 8

Disclaimer I hold both RES and UNV, not cross promoting just using latest graph.