Rsg is 21% owner of Loncor gold and loncor gold share price cad$ 0.60 cents and present valuation is aroundCad$ 21 million.
Resolute has promissory note with Ravenswood mine of aud $ 70 mil and growing at the 12% annually .
Resolute willpotentially receive aud $ 150 million once the ravenswood mine sale is finalised, which is under way and can happenanytime..
Resolute has usd$ 100 million plus in the bank
Rsg is hedge free and gold price is ATH sitting at around $2807.
2025 production will be around 280kto 300k oz
This company will generate substantial money for next few yearsand there is lot to come such has mako mine life extension.
The managementis great , Chris is the real guy behind the growth of the company.
Terry,is ungrateful person , company looked after him and he left without saying thank you and without appreciating the management.
Chris is the right candidate to lead the team and the company.
Todays reaction was just to scare the little guys away .
Todays trade was completely change of hands within the samecorporation but different entity.
SP will bounce back soon… once you start selling, they will swallow all your shares at lowest price they can .
Best thing is to sit tight, when the boat is rocking.
True the Resolute mining fundamentals remains solid.
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