Ann: Trading Halt, page-89

What a load of codswallop.

The RMS share price got overvalued on the VanEck ETF debacle when they set up a stupid junior gold ETF fund without taking into account Australian corporate law and the price fell when the same fund ran into liquidity constraints when demand was running hot and they had to rebalance their two stupid derivative portfolios. A little of the price softness in RMS can be attributed to some very small misses in guidance over that period.

Whereas DRM's chart looks like a winter Olympic ski jump slope because their mines have turned out to be all talk and very little substance or at best over talked. RMSdon't try and over talk their mines. They buy them for a price, exploit them and move on.

RMS is investment grade in my portfolio since they acquired Mt Magnet as they know what a mining camp looks like and they how to run a mining business and they are hardly a trading stock given their shares trade with such low volatility (aside from the VanEck debacle period).

We will see who is all talk. The Zep has put it out there that he will deliver a cash balance of $100 million by June 30. That would be a pretty good outcome from EM in my books. JL talked the talk and ended up cap in hand at the broking knockers shop.......lol. Esh