RSG 4.67% 56.0¢ resolute mining limited

Although it wasn't a huge quarter in terms of production, I was...

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    Although it wasn't a huge quarter in terms of production, I was very impressed with the AISC at those levels of production. I know these can be a little misleading with some costs not always included but all in all it looks good.

    What is most impressive is to see what is happening going forward. Guidance maintained in both costs and production. With gold prices like they are the profit will be very solid. Sounds like they are looking at 85 -95K oz at much lower AISC for the rest of the year with a little kicker from delayed sales from last quarter.

    I was also interested by the expansion plans which actually look realistic and mine life extensions and expansions very likely.
    Looks like some good time ahead- plenty of people been waiting a a while for this to happen.

    GLTAH -
 
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