As far as I can see there has been no bagging of ROS in this thread, merely discussion on various points raised by various posters.
Peter King has put forward a point of view that ROS may experience upside due to their exposure/potential exposure to certain commodities.
Melua pointed out that certain posters have alluded to the fact that ROS has no intention of taking these mines to production.
Furthermore take a look at gold producers on the ASX most are trading signficiantly lower than a year ago because Gold in AUD has gone down during this period. Therefore the relationship is not as straight forward in every situation. Especially if you have a company exposed to a range of resources each being affected by different fundamentals/market conditions.
Im do hope the announcement is positive and that ROS has secured a massive silver project, however to stifle discussion and varying points of view on the topic will only reduce the quality of debate and analysis put forward by all posters.
ROS Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held
