RSG 1.46% 67.5¢ resolute mining limited

Ann: Quarterly Activities Report, page-76

  1. 8,033 Posts.
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    Esh
    Instead of worrying about the nature of my post
    It would be wise to start asking questions.
    Obviously nobody has the answer.

    Debt is debt......$30 million added in 3 quarters
    Cash has dropped from $292 million
    With gold at its highest levels for 5 years.

    I think with guidance lowered to 71k oz this quarter
    That another poor quarterly is assured.
    I dont know why you expect better than management.

    Why is asic so high ???
    Stockpiled ore even at a bit lower grade
    Should still little cost of mining attached.

    I really cant understand why anybody would
    Be talking RSG up when things look so bad.

    Last week I had more cash invested in RSG
    Than I have ever had in any other stock.
    It had been holding plenty for 9 months.
    As soon as I saw that report I was heading for the exit.
    Now holding a token amount.

    I havent given up on RSG
    But I want to see something worthwhile
    Before I get back in.

    As far as AQG goes
    They have spent more on the upgrade than their market cap.
    Obviously a great investment at this stage.
    If things turn sour I will exit.
    I wont hang around waiting for things to change.

    Cheers
 
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Last
67.5¢
Change
-0.010(1.46%)
Mkt cap ! $1.437B
Open High Low Value Volume
66.0¢ 67.5¢ 64.8¢ $10.88M 16.42M

Buyers (Bids)

No. Vol. Price($)
1 36098 67.0¢
 

Sellers (Offers)

Price($) Vol. No.
67.5¢ 377203 5
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