There seems some here cncerned by :
a) RMS not making an offer for Spartan
b) lack of growth in RMS
bit picky IMO
I wonder what fair value for Spartan actually is ....and for a company not producing presently , have they overshot ?
(Any criticism of RMS in not having acted earlier , and for other prducers too for that matter , is another matter and may well be fair comment .)
I'm content to see how things pan out over time between the 2 companies .
And of course there IS growth coming from Roe/Reb ....just there will be a wait for that to come online as production .....and unless GP surges and the EM cutback gets revisited seems RMS back to a one mill op again ....but good production and good profitability out of MM while we wait for the Kal op's to start and no trouble at all financing them .
So as I see it just a matter of timing .....and no need to overpay on something just to make things happen immediately .
I'm quite happy with my holding still ....and happy to wait .
I keep looking but can't find a better gold company to park my money in .
needless to say ......IMO .....( no need to mention the inherent bias either )
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