target 14 cents based on profit forecast, page-28

I should have added some supporting stuff to myprevious post. This is an extract from a commentary and just one of a few reasons why we will see a big spike in the POG:

"This scenario is the forecast from several analysts at Canada's National Bank Financial - Shane Nagle, Steve Parsons and Paolo Lostritto.

These analysts wrote in a Feb. 1 note that a sharp gold production decline looms around 2017. The reason? The major gold producers have found too few, high-grade deposits in recent years to sustain their rate of gold production."

So we face a constrained supply situation together with other constraints such as financing difficulties for juniors, demands for dividends leading to a scaleback in exploration etc expenditure and so on.

I am new at this but do have some exposure to a few gold producers, although not RMS, but looking at it at the moment.