It's astounding how cheerful and regardless they are already...

It's astounding how cheerful and regardless they are already bragging again about spending over 100 million Dollars in 2023. Like nothing bad ever happened.

This company is only able to collect new money, burn it, then collect new money, and the whole procedure starts again. Like they see telling rosy shit to get fresh money as their only real purpus of existence.

I think they will present absurdly high development costs for Syama North later this year as a bonus gift and in addition some unexpected shit will happen (the regular typical Resolute one-off effects), maybe later in 2024 they will then come forward with what it's going to cost to convert half Syama plant from oxide to sulfide, which in sum will all lead to Resolute never being net profitable until the end of days. But hey, they have such a big growing resource, Resolute is the most attractive stock until they try to get the gold out of the ground.

Why am I so negative? Because It's Resolute Mining.