RSG 0.81% 61.0¢ resolute mining limited

rsg looks primed for a good 2011, page-19

  1. 2,407 Posts.
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    I sold out today after reading the quartley... i cant see nothing much positive at the moment, maybe longer term yes... cash costs are on the rise again... If the gold price drops, margins are going to very low.... 350,000oz pa production is sweet, but the bitter part is cost of production is too high... a company producing 150,000oz pa can produce the same cashflow with lower cash costs, so i look it that way... Better gold plays out there at the moment.... if the gold price moves up to $1600oz, yes its greener day for RSG...
 
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