Ann: Diggers & Dealers Mining Forum presentation, page-68

Nice post.

I have just started looking at RED today on a charting guru's tip that the price is set to rise. He has bought with a view to trading it with 35c upside. I am looking at it as a possible long term investment. I hold a positive view on the long term POG irrespective of the short term gyrations, which should not faze a long term investor.

This stock seems to have had many ups and downs, but that is mining. They are not Robinson Crusoe in that regard. Its common with miners and worth remembering FMG was $1.5 at one stage and on the brink of extinction. Even mighty BHP was once 18 and known as Buy Hope Pray. The $1 bil question is - are they now on the verge of a breakthrough.

I would appreciate some feedback on the pros and cons, ignoring Darlot, and focusing only on KOTH. I am a bit confused about the high AISC statements made here by some. The KOTH AISC is expected to be sub A1500. That is very respectable with a reasonable grade.