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60.5¢ resolute mining limited

Very well said. Global economic situation will result in rebound...

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caskhan

94 Posts.

5

06/02/21

00:10

Post #: 50755903
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Originally posted by MrMarcus: ↑

Patience is the key, at best - with major companies on the ASX. If your investment is distinctly going south, you need to sell and run away. Capital preservation - is far more important than loyalty to a company that doesn't give a sh!t about you and all the other small shareholders - which is all companies (sad reality). That said, RSG I expect will gain a few cents on Monday. The global economic situation is very cloudy and murky. That will generate a lot of volatility. Particularly in gold. Anyone with a brain will be shifting from Bitcoin, loser penny co's - to gold now. I've jumped into RSG because if gold hits $2200 USD in the wake of the Biden farce, consider an AUD around 70¢ and RSG looks very good to dig itself out of its own hole - and make 'real' decent profits with a very good production rate. RSG is stock for these times. That is my belief.

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Very well said. Global economic situation will result in rebound on prices of gold silver and copper. Then why not invest in companies with good and sound management to reap benefits from that rebound. ASX has lot of companies with great track record and good management . RSG management is selling assets to cover for junk asset which is in high risk jurisdiction. Very foolish on their part IMO

RSG Price at posting: 68.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 60.5¢		Change 0.005(0.83%)		Mkt cap ! $1.288B

Open	High	Low	Value	Volume
61.0¢	62.5¢	60.3¢	$5.373M	8.766M

Buyers (Bids)

No.	Vol.	Price($)
1	499998	60.5¢

Sellers (Offers)

Price($)	Vol.	No.
61.0¢	45064	6

View Market Depth

No.	Vol.	Price($)
1	2790	0.645
1	1635	0.635
4	65464	0.630
2	80000	0.625
2	100000	0.620

Price($)	Vol.	No.
0.545	328	1
0.575	5182	1
0.600	205750	3
0.605	20000	1
0.610	78418	4

Last trade - 16.10pm 11/07/2024 (20 minute delay)

RSG (ASX) Chart