Let it fall out of GDX as far as I'm concerned, it's a worthless...

Let it fall out of GDX as far as I'm concerned, it's a worthless US manufactured index set up to allow other worthless products like passive funds to exist.

The company has the backing of the banking syndicate and its future at present doesn't depend on the vagrancies of passive fund managers, shorters or any other traders for that matter.

Its future depends on executing its plan and mining gold. NST have mined the market and done it successfully but that won't last forever. They need to stop mining the market and get their heads down to the problem of mining gold again. There is more risk in NST's bubble valuation than the debt that RSG carries IMO.

As I've said many a time, if you can't comprehend the scale and quality of the mine RSG is building in Mali, sell up and go away and throw your money into NST or many of the others with aging assets. RSG doesn't need you or the vulture US funds that ply their trade from creating demand and raking in fees. These vulture funds care nothing about the future fundementals they just want more units created any way they know how, even if that means overvaluing offerings and creating bubble stocks like NST. Esh