why i have this stock

This is one reason:

"On the ASX, Smith likes Resolute Mining as it is now the second biggest listed gold producer, with forecasts of between 360,000 ounces and 400,000 ounces for 2010/11. It operates gold mines in Australia and Africa. The group has reserves of 2.5 million ounces and resources of 9.4 million ounces, which should provide ample ore supply for the next 10 years he says.

Gold production has ramped up at Gold One International's Modder East gold mine in South Africa since the project was commissioned earlier this year. Production is forecast to increase to more than 100,000 ounces a year from its current annual rate of 70,000 ounces. The company has a solid pipeline of new projects to bring on stream, with a scoping study currently underway at its 3.2 million ounce Ventersburg Gold Project in South Africa,� Smith says. With reserves of 1.4 million ounces and resources in excess of 13 million ounces, this company has one of the largest gold resources on the ASX.

Here's the link but DYOR