RSG 4.82% 43.5¢ resolute mining limited

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  1. 444 Posts.
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    "It is my bitter disappointment with what they have done.
    To me they have destroyed my chance to make a lot of money.
    Maybe some of it comes from the failure
    Of other posters to get their head out of sand and see what has happened.
    In my opinion the reason the share price
    is $1 and not $3 is very poor decision making."


    No one destroys another's chance to make a lot of money more than ourselves in exercising our discernment and then taking the risk to make decisions. Even if someone lied to us in such a case, this is hardly a justifiable reason to behave as you do on this forum. The tone you come across is one of entitlement and a sense of someone owes you. I do not believe this is the case. The money you made off of others in other stocks, should they hence be bitter towards you because they sold low to you and then you offloaded at higher prices to another who then are left holding the bag in the case that the stock price came down?


    I think while your opinions at times are valid and appreciated, the atmosphere you have created in the RSG forum has become quite unpleasant. You have drawn a lot of attention to yourself, a large amount of it being potentially not what you would want since the response to your posts have become increasingly negative and even personal.


    While I am in no position to offer much in your case, I want to express that your disappointment is shared by me. I gained what I thought was a pretty handsome profit from RSG from 2014 to mid 2016, and then gave back some 15% of that up to now. I also recommended this company to some of my friends in mid to late 2016 and there are a number of them who are polite about their stagnant results. However, I do not believe I am entitled then to slag off on everything the company does and draw attention to my own views as if they are more valuable than others, especially when they are not in agreement to you. You may end up being right with the outcome, that the company is a dud after investing $250+m into their mines and new technology. However, unless we are able to prove that the management is intently deceptive in what they do, that you being right in your call will not endear you to many. And if the company does turn out to perform well after all the drama, what does that leave you?


    At this stage, I think no one here or in the broader community has any reason to believe that the company is engaging in behaviour that would warrant them being condemned and derided at every opportunity. But that is my opinion, happy to hear people present their views.

 
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Last
43.5¢
Change
0.020(4.82%)
Mkt cap ! $1.543B
Open High Low Value Volume
42.5¢ 44.5¢ 42.0¢ $7.819M 17.96M

Buyers (Bids)

No. Vol. Price($)
27 1364032 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 601557 19
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Last trade - 14.19pm 29/11/2024 (20 minute delay) ?
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