resolute valued at 3.80, page-7

re: minesite article thanks for the post jkim. i do not log onto all that often these days. a shame that rsg, sold their pdn holdings a few dollars a share, less than the present price.

if syama is built from existing cash reserves, and the mine operates as the company hopes, then the cash flow is $100m australian dollars per year, from syama (at present gold prices). i know that there are too many hedges in place for current production, which puts a dampener on things - but if all goes to plan, then this sock is in for a major re rating. lol - they are still $1 less, that what they were earlier this year. if syama come in, they way the company hope it will, then this stock could easilyu be worth $5. with 10 m oz of resources, this stock has the inventory, to be a long term producer

one thing though, is that they got syama, when the gold price was a lot lower, than what it is today. to aquire syama these days, would probably cost several multiples of what it cost then