Ann: Diggers & Dealers Conference - August 2017 Presentation, page-46

Thanks everyone for your response.

I will keep holding RMS for the time being.
I can't find any other good gold miner in Australia as deeply discounted as RMS.
Perhaps the market is asking me to be patient and wait.......I'll wait.

@Bik
I would not touch any mines in Phillipines. I had terrible experience with  RED and MML and watched OGC.
On top MML never made any money.....the market cap at one point above 1 billion to 60 million and going down. KCN & KRM were another disaster.
Luckily , bearing the risk always had a small position. So got out with little harm.
Even couple of dogs like BDR and TRY outside of Australia have given me enormous pain. Still hold them.
Even the likes of  PRU, RSG are constantly giving me pain.

In essence all small cap gold stocks are painful at the moment.

I could be wrong, but I believe Gold will go above 1300 and sooner or later gold stocks will have to play catch up.
My feeling is what happened since last year, people just have lost trust. I got burnt, and so many others.
The wound, the loss is so fresh, so painful.....people just won't come back rushing into the sector.
Only the die hard gold bulls are left holding the bag. But the big money is buying quietly. I see substantial notice around the gold sector, yet the price goes down. Wonder why????
At some point this big money will come to rescue my position.
The market always demand payment, either with time or money.
I chose to pay with time.