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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