RSG 0.70% 70.5¢ resolute mining limited

I think being in AUS we are presented by RSG and brokers with...

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  1. 20,482 Posts.
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    I think being in AUS we are presented by RSG and brokers with stocks that we ( the investmen community ) are familiar with which are ASX listed gold stocks, as these are the stocks that attract most of AUS insto money. It just so happens most of these operate in Aus and the African operaters are listed in London and TSX. However as has been done before a comparison of other African operating gold companies produces a similar result in terms of highlight the degree to which RSG is undervalued. One needs to ask where was the country risk when RSG went from 25 cents to 2.20 over a few months. I think RSG simply carries execution risk not country risk. I recall back in the early 2000s when OSH was trying to lock on contracts for their PNG pipeline , despite being valued a lot higher by analysts the stock trades at 60c as the fundies were unwilling to buy until all precomittments were made. So instead they bought at 1.40-3.00 like mad instead of buying at 60c when the risk adjusted value was 2.50.
    Mark my words if RSG excutes as promised these instos will be buying at high ones and twos without an isssue
 
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Last
70.5¢
Change
-0.005(0.70%)
Mkt cap ! $1.500B
Open High Low Value Volume
70.0¢ 71.0¢ 69.0¢ $9.005M 12.87M

Buyers (Bids)

No. Vol. Price($)
2 151500 70.0¢
 

Sellers (Offers)

Price($) Vol. No.
70.5¢ 99995 1
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
RSG (ASX) Chart
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