RSG 1.56% 65.0¢ resolute mining limited

Ann: Resolute Operational Update, page-5

  1. 9,507 Posts.
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    Hi guys,

    I think that RSG is very cheap right now especially after this announcement.

    They have now $53 million in the bank

    They will produce 315 000 oz of gold at a AISC of $1280

    That means at $1500/oz they will be making around $69 Million

    current Mcap is around $205 Million

    So they will have in 12 months time around $122 million to play with in Cash

    Crazy the way shorters are attacking even the strong companies and get away with it, at least for a while that is.

    good luck to all

    the writing is on the wall

    its big BUY

    jojo
 
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