Ann: FY17 Unaudited Financial Results, page-188

Hi All,

frustrating, last time i was this heavily invested in RSG was in November 2015 at 32c and watched it drop all the way to 20c, added along the way, before reaping the rewards later. We are in a similar position, back then was a Gold sub 1000 scare from everyone and the RSGs debt was an issue, Once resolved we saw a Disallowed.

Now its getting it right, if Gold sees 1500usd, and RSG deliver 5 bagger IMO.

Note:

GDX shorts soared 22% or 1.5b of the 7.3b MC on the lowest volume since Dec 15. This is into seasonal strength, whilst general equities SPX DOW as seeing all time low short interest of less than 2%, moving into their seasonal weakness.

Short squeeze can be vicious

GDX shorts and volume



taking a balanced view

Looking at the hourly chart, if this was a triple top then i am looking for the break of the trend line as the past two run ups, 1260 break could confirm alot lower prices.