RSG 0.70% 70.5¢ resolute mining limited

Canaccord just increased valuation to $2.35, page-6

  1. 2,298 Posts.
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    Just trying to get a handle on the RSG SP fall today

    One trigger is GP down overnight => most goldies down today

    On the back of that, the uncertainty over the Syama operation and the upcoming quarterly come into play
    on a day like this and thus RSG sp falls more than the other goldies.

    AND....am I right in saying that these are the conditions that shorters tend to jump on and push the price down
    even further

    Would these be the reasons why RSG leads the pack at this point in time on down days for goldies ?

    ie. other known factors about RSG compounding on top of each other aided by shorters on gp down days and that
    the only way this will change is through the diminishing of RSG's speculative nature
 
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