Esh,
Just have to be patient. The replenishement of gold reserves isn't happening fast enough and unlike uranium where many projects are on hold waiting for higher prices, gold prices will turn soon enough.
Supply and demand forces will sort themselves and the large players either find gold soon or go down the M&A path. Barrick and Randgold are the early movers. Others will have no choice but to follow.
As we have seen with many producers RSG included it takes time to get a mine from exploration to nameplate capacity.
RSG have done some hard yards and are coming through the other end of a transformational period and I think just in time to see higher prices.
Accumulate.
Syama sub-level cave ore starts this month, page-2
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