RSG 0.79% 63.0¢ resolute mining limited

Social Distancing would not prohibit ROBOTs, page-6

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Don't be deceived by poor investors blaming short selling.
    Shorts in the main are used by funds and banks.
    They are used as a way of offsetting long positions..
    usually they just make increments on stock movements either way..
    It is actually holders selling that pushes the share price down
    If a black swan event happens then funds will usually push it much further than logical
    Something like RSG going to over $2...or heading down to 63 cents
    and didn't last long but that allowed the funds to even out their position.

    Anyone following RSG for some time should know it was a bad investment
    Especially when compared to other goldies.
    This quarter will hopefully be the best for some time
    but there will be plenty to study when it comes out...
    The main points will be how good is the sulphide production
    and where the oxide production is at.
    I expect that better grade ore will be milled through the oxide
    but it wont last more the next quarter..

    Cheers
    Last edited by colinchi: 01/04/20
 
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Last
63.0¢
Change
-0.005(0.79%)
Mkt cap ! $1.341B
Open High Low Value Volume
63.5¢ 64.5¢ 62.0¢ $4.144M 6.559M

Buyers (Bids)

No. Vol. Price($)
5 306022 62.0¢
 

Sellers (Offers)

Price($) Vol. No.
63.0¢ 35330 2
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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