RMS 1.90% $2.14 ramelius resources limited

Looks like a bit of profit taking is pressuring the price this...

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    Looks like a bit of profit taking is pressuring the price this morning. I've used it as an opportunity to top up. Seems that because the rest of the market is taking a bath a few have decided to toss out all their stocks (including gold shares).

    The producers always tend to lag the POG on the way up. I reckon we'll see some catch up in stocks like RMS over the next few weeks if POG holds its current level (and stays above $1,640 per oz).

    DYOR
 
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