RSG 4.00% 65.0¢ resolute mining limited

Hi Mate, Trust all is well.RSG now moving to that downtrend line...

  1. 6,154 Posts.
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    Hi Mate, Trust all is well.


    RSG now moving to that downtrend line from 2019 when it was circa 1.90$.

    https://hotcopper.com.au/data/attachments/5778/5778509-908675bb934725151a6f5be72f67c501.jpg


    Monthly close tonight - last 4 times, they have whacked it. Tonight we have CPI numbers also i believe.

    As long as we close above 2025 - im a happy man.

    https://hotcopper.com.au/data/attachments/5778/5778510-c7419f26fc944ba527461dddbec11373.jpg


    GDXJ trying to breaking the 2020 downtrend line also from 2020 highs. As you can see in a huge channel. My GDXJ target remains for the coming (possible melt up phase) 88$.

    Would put RSG near $2 if Africa and Mali hold. But when i look at the ASX producers vs African (i own a few) the valuation discount is just way to large to ignore.

    https://hotcopper.com.au/data/attachments/5778/5778513-9f99f3f1ee19bfc4afcae1aa11c4312b.jpg


    May have some disappoint tonight, we are programed for pain. But eventually, Dec or Jan, RSG breaks 50c IMO and starts it ran to $1.

 
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Last
65.0¢
Change
0.025(4.00%)
Mkt cap ! $1.383B
Open High Low Value Volume
63.5¢ 66.0¢ 63.0¢ $6.505M 10.05M

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1 15111 64.5¢
 

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65.5¢ 185677 8
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