RSG 2.04% 72.0¢ resolute mining limited

30 cents next target, page-3

  1. 619 Posts.
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    to be fair I’d imagine a bit of a sell off this week given it 30% above the raising price.
    pretty good profit for most traders and even those who are long. If they had take their full entitlement they may take some off the table at this price to free up some cash and watch a little.

    Lets see what the next month or so brings - a couple more decent quarters, gold around 1800 an improved guidance and a positive dfs and who knows what we could see? 30 cents is definitely not the most ridiculous thing I have ever heard - although 10 cents, well I probably don’t need to comment but in the ASX casino who knows!
    One thing I know is you’ve got to be in to win it and those 16 cents shares make my average look much better!

    GLTAH
 
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