Your description of the RMS share price closely follows gold, as...

Your description of the RMS share price closely follows gold, as one would expect for a high margin gold producer.  Although the margin has dropped over the last 2 years, it is still 50% off the highs with gold falling.  I guess your viewpoint differs if you started following only in the long term bear market of Gold since 2012.  You see more being a long term holder from 5c back in 2014, where Gold was still $1400, now 40c with gold $1200 ...  I think RMS was 45c before getting dragged down with the EXU offer.  No we are not Elite, but over the years you get to understand a company, see how they perform in relation to their forecasts, and find their strengths and weaknesses.  RMS has been a good cash producer all the way through.  Although some do not like that their reserves are low, they are always replenished with minimum capital spending that has not produced production growth.

So not the best, but doing pretty good consistently over the last 5 years for a gold miner and a gold headwind.