Whilst the ongoing silence is deafening, I'm pleased that RMG proved resilient yesterday while everywhere else on the exchange went in to melt down. Egypt is troubling but other than the possibility to be a contagion in the region, why are we all in financial panic mode? The world seems so skittery, if it's not sovereign debt or 3rd world credit default swaps or house price decline in Backwoods Wyoming, the investment world is concentrating on every negative they can find.
Am I correct in assuming that the green in the sample on the photo is copper? I've heard that people who have looked at the lease have gone away thinking it's been salted because they can't believe it is as good as it is. If this is a true sample of ore laying around on the ground in SA, we need to upward adjust price targets I suspect.
Looking forward to the next 100% price increase. I will be watching with great interest over the next few months.
RMG Price at posting:
1.8¢ Sentiment: ST Buy Disclosure: Held
