RMS 0.27% $1.88 ramelius resources limited

RMS is a bit disappointing as far as i am concerned. The world...

  1. 18,204 Posts.
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    RMS is a bit disappointing as far as i am concerned. The world political situation is not one that gives any confidence in most stocks. Gold should be a hedge against a crash or a probable recession. RMS should be a good sound Gold stock. It has good cash balance. It pays a dividend and the next dividend looks to be on the agenda and fully franked. It is a producer with good proven inground gold reserves.

    Looks like the trend is not the friend. Compared to its peers it seems undervalued.I would like to sell a few but not at the current SP.
 
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