RSG 0.00% 39.0¢ resolute mining limited

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  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    Thats the trouble
    The gold is in the ground.
    The idea is to get the gold out of the ground.
    Hopefully at a lower cost than the gold is sold for.

    For the last 2 years less and less gold is being produced.
    and at a cost of $350 million more than it has been sold for.

    Still more to be spent at Syama
    More to be spent at Ravenswood.

    Net cash positive is years away.
    That is why the SP hit its lowest in almost a year.
    and unless gold rockets...a new low will be hit this week.
    CR cant be too far away ...in my opinion

    Cheers
 
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