Resolute to sell Ravenswood, page-100

As you can see some of those premium Goldie’s have been “over valued” for years. Since you brought up NST, insto were unable to get exposure as a single mine Paulson because of mandated funds risk criteria. They diversify operations as a risk management. RSG as you say put all their eggs in one basket on top of sovereign risk. This makes any long term buy and hold risky as African politics are not the most stable.

The market is rating RSG in the under valued category for a few years and I’m not sure how much Insto support weighting will be there to push the price in accordance to gold price.

Don’t you think you are wrong NST SAR EVN & SBM when it comes to the bull trend? They all have something in common, growth by acquisition instead of organic with different criteria. Even RMS is diversifying and adopting that peer methodology.

As long as the gold price keeps heading north, all I care is cap gain. Nothing else matters.