Don’t need to know if either has better mines. The Market or price trend decides. I’m not after what I think is right. The market don’t care that is why RMS, DRM & RSG are still at the pits with the gold price now seemingly rejecting resistance.
RMS may have great production figures and under valued on you pure relative measure of market cap but what’s their hedge Oz of production? You are comparing orange to Apple. And you either pay premium or discount and with that gold price in both AUD and USD rapidly unraveling I’m going to bet with the strongest.
I’ve given up prediction a long time ago thinking I’m cleverer than the Market.
NST Price at posting:
$5.89 Sentiment: Hold Disclosure: Held
(20min delay)
