RSG 0.00% 40.0¢ resolute mining limited

Whats Wrong, page-53

  1. 11,185 Posts.
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    I have Colin on ignore so he can run around all he likes.I gave up caring what he said a long time ago. His arguements weren't based in facts and if he has had a win good luck to him, he probably just got lucky judging by what I have seen of his posts in the past.

    I'm not invested in AQG so I actually don't care what happens with that company and frankly there is probably more discussed about AQG on the RSG threads than on the AQG threads which is annoying although eveyone can say what they think and we shall see about it all when the long run outcomes come to fruition. The market has the capacity to irrationally value assets like it has with AQG at the moment, valuing it at practically the full NPV of Copler sulphides project on day one (actually before day one) and the radical overvaluation of NST at present for example. What's the old saying, the market can remain irrational longer than you can remain solvent. It's all about individual choices. I'm happy with RSG managment, the level of spend, and the level of debt for the stage we are at. Just need to see the proof of the ramp up progressing to schedule in the March quarter.

    If people want to have hysterics about capital spend A$859 million for 1.7Mt/annum of sulphide capacity at Copler is all that's needed for a life time of hysterics. Go talk about this on the AQG threads and stop being total hypocrites.

    Esh
 
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