re: the u - train. to fickle life you might be correct fickle life. i saw a graph the other day (i think somebody posted in on hc), which showed the increase in earnigs, based on a 10% increase in the gold price. rsg, had the highest leverage - and that was a massive 45% increase in earnings.
the company's australian operations certainly seem to have a high cost of production. not many companies of this size though, can boast about 10m oz of resources. the syama and ravenswood aquisitions have been timely, as they were done in a far lower gold price environment. time will tell, as to whether or not, they were good aquisitions. syama is a mine, that other operators had problems with, and ravenswood is a mine, which, to date, seems to have a high production cost
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