Something Fishy Here!, page-22

im not going to go back and try to compare periods - ill leave you to do the work if you want.  things are as they are

but if you consider rsg vs the other asx gold stocks since 2016 there's a good tell about its trading patterns - falling from 1.30ish peak back to 94c while others doubled or tripled evn though for 2017 the company was for all intents a 300koz 1280 aud aisc producer. if it was purely priced on profits it should have at least doubled,

my own view dates back to the fact a hedge fund was the biggest holder in 2014 - and i think its been the favourite algo target for pairs traders ever since - they go long another aud goldie and short rsg - removing exposure to gold price volatility

think that was the reason it was so explosive in lifting in 2015 and think it will be the same again whenever gold price starts rising sufficient for funds to stop shorting - looks like $1.21c is about the line in the sand to me

but as i say the shorts have a natural weapon on rsg atm because its no longer in a proven production format - its in transition - and thats always a time of risk of sp weakness - same as most development stocks selloff hard 3-6months prior to a plant commissioning