Australia's largest stock trading and investment forum Australia's #1 stock forum

RMS

Click for more information

0.94%

$2.15 ramelius resources limited

Ann: Penny Gold Mine Update, page-37

First 37 Last

Share
Profile

Follow
Wisefool22

426 Posts.

397

18/09/23

13:19

Post #: 69900399
Share

Originally posted by deserthead: ↑

In danger of repeating myself, I currently see the the same set-up in the gold sector as was the case back in 2001,and more specifically1979. The exact circumstances may be different, however the underlying circumstances are very similar. As the quote from Mark Twain says:
“History never repeats itself, but it does often rhyme.”
I remember climbing into ASX: DRD at around a buck and change and rode it to $9 in about 12 months(finally topped out at around $9.60).

I am expecting that this coming move in the miners is going to eclipse the move 20 years ago. This is going to be one hell of a move and it is why I am pounding the table for those miners that are cashed up, to take advantage of their cash positions to buy Oz's in the ground. In the years ahead Oz's in the ground, (regardless of how marginal at the current price), are going to morph into massive upside revaluations.

I wish either RMS or WGX or whomever would pull their finger out on Spartan. It is a 'no brainer' and in 2 years time hindsight will show that to be the case.

Expand

What set up at are you referring to? Could you elaborate? Thanks

RMS Price at posting: $1.37 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AHK

Ark Mines provides strategic update following mining lease submission

RCE

Recce progresses testing of gel to treat bacterial skin infections

LU7

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech

There are more pages in this discussion • 2 more messages in this thread...

First 37 Last

Add RMS (ASX) to my watchlist

(20min delay)
Last $2.15		Change 0.020(0.94%)		Mkt cap ! $2.468B

Open	High	Low	Value	Volume
$2.13	$2.19	$2.12	$7.753M	3.591M

Buyers (Bids)

No.	Vol.	Price($)
7	108305	$2.14

Sellers (Offers)

Price($)	Vol.	No.
$2.15	9955	1

View Market Depth

No.	Vol.	Price($)
7	108305	2.140
2	31352	2.130
2	50189	2.120
4	75016	2.110
2	10103	2.100

Price($)	Vol.	No.
2.150	9955	1
2.160	117788	6
2.170	82153	4
2.180	170959	6
2.190	37062	3

Last trade - 16.10pm 09/10/2024 (20 minute delay)

RMS (ASX) Chart

SPONSORED BY