Robots. Robots are going to get the Gold out of the Ground.
I think that RSG has been slammed quiet badly over the last few sessions. It's a profitable mine, a little virus isn't going to change that. Its not like the area will be contaminated forever. It's not a nuclear problem or anything like that. The virus doesn't effect the gold price and as far as I'm concerned if they can't mine for gold and the whole thing stops, it's just going to make the price of GOLD rocket anyways.
If the price of RSG has fallen due to the Virus and that's it, and there are no other problems. Then I'm happy with my purchase today @ 52.3 cents.
I'm feeling bullish about a spike in Gold, its been pushed lower buy the US. Everyone is buying and holding gold. Russia, China and India especially.
All in my opinion
Ann: Preliminary Final Report, page-8
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Last
72.0¢ |
Change
-0.005(0.69%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 74.5¢ | 71.8¢ | $15.82M | 21.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 419212 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 270718 | 4 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| RSG (ASX) Chart |