RTG is a classic counter cyclical play. You have all the...

RTG is a classic counter cyclical play. You have all the ingredients of an under valued company. The world has turned off an entire asset class and its not helped when companies like Santos and BHP get smacked around. Some of the cheapest assets in the world today, are resource stocks. Under normal circumstances, you would have zero chance of buying this stock sub $1. We have also seen large funds set up to buy distressed assets, yet they are not getting many.
RTG does not have the usual problems of an emerging mining house in that it has cash, grade, low capex, open resource, near surface, positive management track record and large supporting share holders. They also have near term permitting.
One can't fight the larger trend, the stock will remain unloved until people see the permitting and see the BFS (due shortly). In any situation, we should all be looking for grade. It makes up for just about everything that can go wrong. Rtg's largest shareholder continues to consume any sellers and he has been fortunate enough to get stock sub 50c. He must be laughing his head off. This is the more patient investor and RTG does have some seriously large patient investors topping up. That is a good sign in an otherwise dead market. dyor