RSG 4.96% 63.5¢ resolute mining limited

Those out there wanting a quick return had better go somewhere...

  1. 349 Posts.
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    Those out there wanting a quick return had better go somewhere else. My feeling is that they've got a ways to go before this baby is going full steam. Their CEO has said that they've almost sorted most of the mechanical issues but that grade is still an issue due insufficient carbon and sulphur and that it (grade) won't be better till deeper in the pit. Having read most of the info on these guys I'd say their still 6 -9 months away from being at full production. Once they are, their going to be creaming it and 90 cents will be a distant memory!
 
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