RSG 0.59% 84.0¢ resolute mining limited

being shorted, page-15

  1. 44 Posts.
    abro085, old chap, you seem to swing from wild optimism to hopeless gloom. Trading can do that to you. Take a look at the fundamentals. The company is in tremendous shape.

    I have said for quite some time that the true variable for us remains the Gold Price. There are two camps on this one (and some recent fund sells reflect the bearish view).

    I am of the firm belief that QE3 is inevitable and we all know the effect that will have on the Gold price. Inflating the debt away remains the default in the mid to long term. That means it's time to hedge your currency.

    I am a substantial holder and topped up again at 1.70. If you can avoid being pressured to sell at a time not of your choosing, RSG remains an excellent play.

 
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