RSG 7.27% 51.0¢ resolute mining limited

To be fair two weeks ago there was no trend line IMO, the stock...

  1. 12,259 Posts.
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    To be fair two weeks ago there was no trend line IMO, the stock was range bound in a sideways channel and everyone was wondering when the GDXJ selling was going to end. Some here were even starting to question if there were deeper problems with the company.

    I agree about conviction but to me conviction is about seeing this through to $3 dollars and possibly higher against all the shocks that will hit the price in the next 2 to 3 years. Let's not get too down on the retail guys, which most of us are. Psychology/fear is also a useful trait that keeps the investor in the game and stops them blowing out all of their hard earned. Personally I see RSG as still a little too risky to have the sort of portfolio allocation that JID disclosed yesterday (hi JID and good luck here). We are relying to a large extent on untested cost projections for the UG project and an uncertain gold price. AISC will be subject to sensitivities that I don't understand and the gold price is not yet indicating another bull cycle. Esh
 
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Last
51.0¢
Change
-0.040(7.27%)
Mkt cap ! $1.085B
Open High Low Value Volume
53.0¢ 53.3¢ 51.0¢ $9.775M 18.89M

Buyers (Bids)

No. Vol. Price($)
16 468908 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
51.5¢ 6078 1
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
52.0¢
  Change
-0.040 ( 4.59 %)
Open High Low Volume
53.0¢ 53.3¢ 51.5¢ 4019158
Last updated 15.59pm 14/06/2024 ?
RSG (ASX) Chart
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